Overview

• Banco Nación set the retail dollar at $1,360 for September 25, while the BCRA’s bank average showed $1,367.95 and the wholesale rate hovered near $1,337.50.
• Parallel and financial quotes fell with the blue at roughly $1,385/$1,405, the MEP near $1,369 and the CCL around $1,391, compressing spreads versus the official rate.
• The BCRA accelerated monetary normalization by cutting short-term rates to 25%, easing funding costs after recent market stress.
• Washington is evaluating support that could include a stand-by credit, a swap line of up to $20 billion and potential secondary-market bond purchases, reinforcing sentiment.
• Agro DJVE filings reached about $4.18 billion in three days, bolstering FX supply, as country risk slid toward 900 bps and local assets rallied; reserves stood near $39 billion and reported Treasury dollar purchases around $100 million remain unconfirmed.