Overview
- Argentina’s official dollar stands at 1,500 pesos for sale at Banco Nación, while the informal blue trades near 1,445.
- The BCRA reported no intervention in Monday’s FX session, with the wholesale rate approaching the top of its trading band.
- Buenos Aires equities advanced again, with the S&P Merval up about 3.2% and Argentine ADRs gaining in New York.
- Analysts linked improved sentiment to recent economic team appointments, as reserves hover around US$39–41 billion and an IMF interest payment of roughly US$822 million approaches.
- Mexico’s peso weakened to roughly 18.6–18.65 per dollar as the DXY climbed near 100, with traders focused on Banxico’s decision this week and the prospect of further easing.