Overview

• Official quotes held in a narrow range as the wholesale dollar closed near $1,430, the Banco Nación retail rate hovered around $1,455–$1,460, the blue ended at $1,450, the MEP near $1,499, and the CCL around $1,519.
• The Treasury kept sell offers to cap the wholesale rate inside the band, shifting its intra‑band ceiling from $1,425 to about $1,430, and analysts flagged a de facto return of small, periodic nudges to the rate.
• Gross international reserves fell by about US$70 million to roughly US$42.63 billion in the latest report, and the country risk stayed in four digits, with recent readings near 1,080–1,165 basis points.
• Economy minister Luis Caputo is in Washington for meetings with U.S. Treasury representative Scott Bessent, and investors are waiting for concrete details on any financial backstop.
• Consultancies widely anticipate a post‑election recalibration of the banded FX regime, likely toward greater flexibility or, failing external financing, stricter currency controls.