Overview
- Through Communication A 8336, the BCRA now bars anyone who buys at the official market from operating MEP or CCL for 90 days, with immediate effect.
- Opening references show Banco Nación at $1,300/$1,350, blue at about $1,420/$1,440 in Buenos Aires and $1,455 in Córdoba, MEP near $1,431 and CCL around $1,470.
- Gross reserves rose roughly US$1.889 billion to US$41.238 billion, a gain largely linked to Treasury in‑block purchases of about US$1.35 billion.
- Financial-dollar rates jumped up to around 5% after the restriction, while Argentine ADRs and sovereign bonds fell and volatility increased.
- Crypto pricing ran above the informal rate, with USDT near $1,468 on Binance, as banks continue allowing unlimited homebanking dollar purchases and cash buys remain capped at US$100 per month.