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Argentina’s Blue Dollar Holds Above 1,500 as Official Rate Stays at 1,475

Traders brace for January’s inflation‑linked exchange‑rate bands that will be paired with renewed dollar purchases by the central bank.

Overview

  • The Banco Nación retail dollar closed unchanged at 1,475 pesos for a fourth straight session, with the wholesale rate near 1,451.
  • The informal blue dollar traded around 1,505 pesos in Buenos Aires and was reported near 1,520 in Tucumán, widening the gap with the official market.
  • Financial dollars eased, with the MEP slipping to roughly 1,487 pesos and the CCL near 1,532 after modest declines.
  • Gross reserves hovered around USD 42.6–43.0 billion following Treasury interventions and deposits near USD 2.0 billion at the BCRA.
  • The country risk gauge sat around 569–575 basis points as investors weigh reserve flows, early‑January debt payments and the 2026 Budget process.