Overview

• The BCRA sold $678 million on Friday, lifting three-day interventions to about $1.11 billion to hold the wholesale rate at the $1,475 ceiling.
• The official retail dollar closed at a record $1,515 at Banco Nación, with the blue near $1,520 and MEP/CCL around $1,540–$1,560.
• Economy Minister Luis Caputo vowed to “sell until the last dollar” at the ceiling as trading volumes ranked among the year’s highest.
• Officials tightened access to MEP and CCL for directors and insiders of financial firms to curb arbitrage between regulated and market rates.
• Sovereign bonds saw a modest rebound after sharp losses, country risk hovered above 1,400, and reported reserves slipped to roughly $39.4 billion after recent sales.