Overview
- JP Morgan’s country risk index touched roughly 596 points, its lowest level since January, as sovereign bonds advanced up to about 2%.
- The official retail dollar at Banco Nación held at $1,395 for buying and $1,445 for selling, with the wholesale rate near $1,415–$1,421.
- The parallel blue dollar traded around $1,415–$1,425, while MEP and CCL hovered near $1,453 and $1,473, keeping exchange gaps tight.
- Economy Minister Luis Caputo signaled a debt repurchase and steps to accumulate reserves, and President Javier Milei reaffirmed the exchange-band regime through 2027 with a stated ceiling near $1,500.99.
- Private estimates suggest roughly $9 billion in additional reserves are needed to meet IMF targets, and local reports cite talks on a possible $20 billion external credit line that remain unconfirmed.