Overview

• Banco Nación lists the retail dollar at ARS 1,385 and the wholesale rate near ARS 1,369 after a sharp pullback, with the central bank skipping intervention in the last session and reserves up about US$58 million after roughly US$1.1 billion in sales the previous week.
• The blue dollar trades at ARS 1,410 for sale and ARS 1,390 for purchase, while MEP sits around ARS 1,401–1,405, CCL around ARS 1,411–1,416, crypto near ARS 1,422–1,433, and the card/savings rates near ARS 1,800, highlighting persistent multi‑market segmentation.
• Sentiment improved after high‑profile U.S. political support for President Javier Milei, though the U.S. Treasury has yet to issue a formal financing announcement.
• Officials signal expectations of steadier trading and cite about US$7 billion in anticipated agro‑export inflows after the October 26 elections, downplaying the need for extraordinary reserve measures.
• Economist Orlando Ferreres estimates an equilibrium near ARS 1,590–1,650 and warns a post‑election exchange‑rate adjustment could carry inflation pass‑through in the following months.