Overview

• The Central Bank’s Comunicación A 8336 bars anyone who buys at the official market from trading MEP or CCL for 90 days and requires banks to obtain a sworn declaration, extending a prior limitation to individuals.
• The official dollar fell about 10% on the week, with the wholesale rate near $1,326 and Banco Nación at $1,350 for sale, marking the steepest weekly decline since Javier Milei took office.
• Financial dollars jumped after the measure, with MEP around $1,41–$1,43 and CCL near $1,44–$1,47, while the blue rose to about $1,440, widening the spread to roughly 9–11%.
• Argentine assets fell as ADRs dropped up to 7.2%, sovereign bonds weakened and the country risk index climbed back above 1,000 basis points.
• The Treasury stepped up dollar purchases, reported at more than US$1.3 billion, lifting gross reserves to about US$41.24 billion, as Economy Minister Luis Caputo defended the restrictions as a tool to build reserves.