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Argentina Settles $4.3B Bond Payment as Central Bank Adds Dollars, Easing FX Pressures

A repo‑backed financing mix plus steady reserve buying compressed gaps across exchange rates.

Overview

  • The Treasury paid roughly US$4.3 billion on Globales and Bonares using Treasury deposits, proceeds from asset sales and a US$3 billion repo with international banks.
  • The Central Bank bought US$43 million on Friday and US$218 million for the week, continuing a reserve‑rebuilding push with consecutive net purchases.
  • Gross reserves finished at about US$44.396 billion after a daily drop of US$385 million once debt outflows settled, reversing an earlier intra‑week rise.
  • The official dollar closed at $1,490 for sale at Banco Nación and $1,465 in the wholesale market, while MEP and CCL hovered near $1,492 and $1,534, respectively.
  • The blue dollar posted its sharpest weekly decline in two months, ending near $1,505, with overall trading calm under the band framework.