Overview
- Banco Nación’s retail dollar fell to ARS 1,435 and the wholesale rate closed at ARS 1,412 on November 12.
- Financial rates stayed higher, with the MEP near ARS 1,450 and the CCL around ARS 1,472–1,477.
- The blue dollar ended at ARS 1,435, matching the official price for the second straight session.
- The Central Bank reported a USD 172 million increase in reserves to USD 40.669 billion, while traders said the Treasury bought about USD 64 million at ARS 1,430.
- Economy Minister Luis Caputo defended the bands as a source of stability and BCRA’s Vladímir Werning signaled gradual reserve accumulation and the eventual removal of remaining foreign‑exchange curbs, as equities rose about 0.9% and country risk hovered near 605 bps.