Overview

• Argentina’s Finance Secretariat reported a 114.66% rollover in a peso debt auction of roughly ARS 7.7 trillion awarded against ARS 8.3 trillion in maturities, described as a successful operation by Pablo Quirno.
• The official dollar closed at ARS 1,345 for sale at Banco Nación after a roughly ARS 15 drop, while the blue, MEP and CCL traded in a tight range around ARS 1,330–1,350.
• The Central Bank said gross reserves fell about US$292 million to US$40.961 billion, with officials citing a Buenos Aires Province bond payment as the driver of the daily decline.
• Major banks pre‑confirmed Friday opening dollar quotes, with Banco Nación at ARS 1,345 and other large institutions posting levels broadly in line with the new retail reference.
• Revised U.S. Q2 GDP of 3.29% and lower initial jobless claims kept traders focused on Friday’s PCE inflation report, with CME FedWatch showing markets largely positioned for a 25 bp Fed cut, as the Mexican peso hovered near 18.64–18.67 per dollar.