Overview
- The Treasury sold about US$320 million on Wednesday to keep the wholesale dollar near ARS 1,430, lifting six‑day sales to roughly US$1.8–2.04 billion, according to market estimates.
- Analysts estimate the Treasury’s dollar deposits have fallen to below US$800 million, with some reports pointing to roughly US$350 million remaining.
- The official wholesale and retail rates stayed around ARS 1,430–1,455 as financial and parallel dollars climbed, with MEP near ARS 1,528, CCL around ARS 1,543–1,560 and the blue at ARS 1,475.
- Peso liquidity tightened sharply, with one‑day caución near 45% TNA, interbank repo around 57% and pressure on short‑term local debt instruments.
- Economy Minister Luis Caputo remained in Washington for meetings; the U.S. Treasury said discussions on support will continue and the IMF’s Kristalina Georgieva praised fiscal adjustment, with markets eyeing mid‑October for potential announcements.