Overview
- The official dollar ended at $1,465 at Banco Nación, the wholesale rate hovered near $1,438, and the blue closed around $1,455, with MEP at roughly $1,469 and CCL near $1,486.
- The Central Bank reported no intervention in the official FX market on Thursday and gross reserves around $40.5–$40.8 billion.
- The Treasury’s second October auction achieved a 57.18% rollover, injecting about 5 trillion pesos that eased short‑term rates.
- The Central Bank signaled modest monetary easing by relaxing reserve‑requirement calculations for November to smooth money‑market volatility.
- Dollar futures imply an end‑of‑year rate near $1,515, while equities and sovereign bonds held recent gains with risk premium around the high‑600s basis points.