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Argentina’s Blue Dollar Climbs to $1,540 as Official Rates Hold Near $1,475

Low year‑end liquidity after the 2026 Budget approval set the tone, with the central bank reporting a US$1.718 billion reserves drop.

Overview

  • By the close on Dec. 29, the blue dollar reached $1,520/$1,540 after a second straight rise, while the official retail rate hovered around $1,475 and the wholesale rate settled near $1,457.
  • Financial dollar benchmarks traded in between, with MEP around $1,486 and CCL near $1,530, narrowing the gap with the wholesale market to roughly 5%–6%.
  • Banco Central data showed gross reserves fell by about US$1.718 billion to approximately US$41.892 billion, a notable one‑day decline tied to month‑end flows and valuations.
  • Major banks confirmed Tuesday, Dec. 30, opening quotes near $1,475–$1,485 for the official dollar, with Banco Nación at $1,480 and Galicia at $1,485.
  • For consumers, the dólar tarjeta remained around $1,917.50, and parallel‑market levels were echoed in provinces such as Córdoba and Tucumán, where the blue sold near $1,540.