Overview

• The official retail dollar stands at ARS 1,455 at Banco Nación, while the wholesale reference is being kept around ARS 1,430 below the band ceiling near ARS 1,484.
• Analysts estimate the Treasury has sold roughly US$1.35 billion across the past four sessions to defend the intraday cap, with its dollar deposits now reportedly below US$1 billion.
• Parallel quotes ticked up, with the blue dollar closing near ARS 1,455 for sale in Buenos Aires, narrowing and at times reversing its gap with the bank rate.
• Financial exchange rates moved higher, with the MEP around ARS 1,520 and the CCL in the ARS 1,516–1,542 range, widening the gap with the managed wholesale level.
• Official gross reserves are reported near US$42.6 billion, and external uncertainty tied to the partial U.S. government shutdown has been cited as weighing on regional currency moves.