Overview

• Key quotes on Oct. 2: Banco Nación retail ARS 1,450, blue ARS 1,460, MEP ~ARS 1,526, CCL ~ARS 1,574, and wholesale ARS 1,423.
• Market desks reported a Treasury sell wall near ARS 1,425, while the central bank was cited as not intervening in the official FX market on Wednesday.
• Gross international reserves were reported at about US$42.231 billion as country risk hovered near 1,230 basis points with sovereign bonds weaker.
• Peru’s dollar closed September at S/3.473 and finished Oct. 1 at S/3.485, signaling a firmer sol on global dollar softness.
• Venezuela’s BCV posted 177.61 Bs/$ as parallel trackers showed divergent quotes, and Mexico’s Banxico FIX set 18.3825 pesos per dollar.