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Argentina’s Dollar Rates Cluster Near 1,370 as Banks Post Opening Quotes

The tax-laden retail rate stood at 1,781 pesos, underscoring the split across official, financial, informal venues.

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Overview

  • Banco Nación set the retail sale reference at 1,370 pesos on Tuesday after a 35‑peso rise the previous day, according to Clarín’s live rates.
  • The parallel blue dollar traded at about 1,365 pesos in Buenos Aires and 1,379 in Córdoba, per local market reports.
  • Financial quotes showed the MEP at 1,358.50/1,362 pesos (buy/sell) and the CCL at 1,358.70/1,360.30.
  • Crypto-based pricing hovered around 1,365.40/1,372 pesos and the tax-inclusive tarjeta and ahorro rates were quoted at 1,781.
  • Banks reported opening sale prices to the central bank, with examples including ICBC at 1,377, Banco Ciudad at 1,375, Santander at 1,365, and are promoting dollar time deposits and remunerated savings accounts to retain funds.