Argentina’s Dollar Market Stays Calm With Blue Near 1,505 and MEP Around 1,472

Overview

• Ámbito reports the blue at $1,485 for buying and $1,505 for selling, the MEP at $1,471.72, the CCL at $1,483.62, and the wholesale rate at $1,434.50 on Jan. 21.
• The official retail rate at Banco Nación remained at $1,410 for buying and $1,460 for selling as of Jan. 20.
• Market coverage attributes the calmer tone to the Central Bank’s net purchases, reported at more than $700 million so far in January.
• Clarín’s tracker shows the MEP down 1% versus a week earlier and 2% month to date, yet 26% higher than a year ago.
• Conflicting readings for the CCL persist across outlets, with Diario Uno citing $1,519.2 compared with Ámbito’s $1,483.62 for the same period.