Overview
- The Banco Central de la República Argentina bought USD 103 million in the wholesale market on Thursday, November 12, marking its largest single-day purchase in November and lifting November’s total to about USD 183 million.
- The official wholesale peso finished at ARS 1,545.50 after a $1.50 rise, while financial-dollar rates moved higher with the MEP around ARS 1,577–1,578 and the CCL near ARS 1,669.
- The informal parallel dollar (blue) eased to about ARS 1,565, compressing the gap with the official rate to roughly 1.3 percent and reducing short-term pressure on informal exchange premiums.
- Despite the BCRA’s buying, reported international reserves fell to about USD 49,078 million, a daily decline attributed in reports to valuation and other flows rather than the purchase program’s intent.
- Regional context: Mexico’s peso traded near 18.61–18.62 per dollar with Banxico’s last FIX at 18.6192 as investors priced further Fed rate moves, and Colombia and the Dominican Republic published their official reference rates for use in local pricing and remittances.