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Argentina Posts Weekend FX Reference Rates as New Banded Float Takes Hold

The central bank’s framework now adjusts currency bands monthly to Indec inflation with a preannounced reserve‑buying plan in place.

Overview

  • With markets closed on Sunday, outlets used last trading‑day closes for reference across official, blue, and financial dollar quotes.
  • Banco Nación’s board showed the Brazilian real at AR$239.64 for buying and AR$239.87 for selling, while the real blue was reported at AR$278.75 and AR$267.75.
  • Clarín calculated a 14.03% gap between the parallel real and the official quote reported for the last close.
  • LA NACION reported the U.S. dollar at AR$1445 for buying and AR$1495 for selling on the official board, with the blue dollar at AR$1510 and AR$1530.
  • Financial dollar references from the last session were AR$1480.74 for MEP and AR$1587.95 for CCL, with banks enabling dollar purchases via home banking subject to a 90‑day bar on MEP and CCL after buying official dollars.