Overview
- The official retail dollar closed at 1,435 pesos at Banco Nación, matching the blue at 1,435 for a second straight day.
- The wholesale rate hovered near 1,412 pesos, while the MEP slipped to about 1,450 and the CCL to roughly 1,471, leaving modest spreads over the official market.
- The Central Bank reported a 172 million dollar increase in international reserves to 40.669 billion dollars.
- Market operators said the Treasury bought about 64 million dollars at 1,430 pesos in what was described as an early test of the banded regime after the legislative vote.
- Economy Minister Luis Caputo defended maintaining stability within exchange bands and BCRA Vice President Vladímir Werning said remaining FX restrictions on firms and investors will be removed soon, as October CPI came in at 2.3% month-on-month and 31.3% year-on-year.