Overview

• The official retail dollar traded around ARS 1,315–1,320 on Aug. 19 on Banco Nación and BCRA screens.
• The blue rate sold at ARS 1,340 after a ARS 20 rebound, leaving its gap with the official near 3–4%.
• The MEP closed near ARS 1,298 and the CCL near ARS 1,303, while the crypto dollar hovered around ARS 1,320, keeping spreads under 1%.
• The official rate has fallen about ARS 60 so far in August after an 11‑session slide to its lowest since late July.
• The BCRA has stayed out of the spot MULC in recent sessions and gross reserves were reported near US$41.9bn after a US$1.993bn IMF inflow earlier lifted them to about US$43.0bn, as reports described a tense meeting with major banks over tighter peso rules.