Overview
- Banco Nación quoted the official dollar at $1,425 buy/$1,475 sell, the blue at $1,420/$1,440, the wholesale rate near $1,447.5, the MEP around $1,479 and the CCL near $1,493.
- The Treasury raised about $8.50 trillion pesos and achieved a 111.17% rollover in its latest auction, extending maturities and reducing rates under new finance chief Alejandro Lew.
- JP Morgan’s country‑risk gauge eased to roughly 621 points, a nine‑month low, as sovereign bonds advanced and local equities traded mixed.
- Analysts said markets expect cautious dollar purchases to rebuild reserves, with Portfolio Personal Inversores noting data that suggest the Treasury bought a small amount earlier in the week.
- Market activity was muted by the Banking Day holiday, financial dollar quotes stayed below recent highs, and the ‘dólar ahorro’ stood near $1,917.50, about 30% above the MEP; 2026 forecasts span roughly $1,625–$2,000 for the official rate depending on reforms.