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Argentina’s Dollar Market Opens 2026 With Blue at 1,530 and Tight CCL, MEP Gaps

Central bank reserves stand at USD 41.165 billion after a month-end drop, raising questions over IMF targets.

Overview

  • Banco Nación lists the retail dollar at ARS 1,430 for buying and ARS 1,480 for selling, with the BCRA average sell at ARS 1,479.28.
  • The wholesale reference rate is ARS 1,455 at the start of the year.
  • The blue dollar trades around ARS 1,510/1,530 after a ARS 45 jump last week and a ARS 10 pullback from Monday’s two-month high.
  • CCL is quoted near ARS 1,526.83 with a gap of about 4.9% versus the official rate, MEP near ARS 1,483 with a 2% gap, and the crypto-dollar around ARS 1,529.
  • The tourist dollar stands at ARS 1,924, while BCRA gross reserves finished at USD 41,165 million after month-end outflows and an earlier USD 1,718 million drop, with private estimates pointing to a possible USD 12 billion waiver need under IMF goals.