Overview

• President Donald Trump said the United States would not be “generous” with Argentina if Javier Milei loses the midterms, a message investors took as adding political risk to financing.
• The official dollar rose to about $1,415, the blue traded around $1,400–$1,420, and financial dollars hovered in the mid‑1,400s, while local stocks and sovereign bonds showed a cautious rebound after steep losses.
• Reports said the U.S. Treasury sold dollars, bought pesos and opened an account to operate in futures, shifting expectations about post‑election exchange‑rate dynamics.
• Economy Minister Luis Caputo sought to calm markets, called the initial interpretation of Trump’s remarks mistaken, and pointed to imminent commercial and investment announcements with the United States.
• The Treasury faces a rollover of roughly $3.8–$3.9 trillion pesos today with very high short‑term rates, keeping liquidity tight and policy uncertainty elevated.