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Argentina’s Dollar Rates Converge as Blue Slips Below Official

Narrower spreads reflect limited central bank intervention alongside a calmer parallel market.

Overview

  • Banco Nación quoted the official dollar at ARS 1,450 for buying and ARS 1,500 for selling, in line with the Central Bank’s average.
  • The blue dollar traded around ARS 1,420–1,445 in Buenos Aires, extending last week’s sharp pullback and sitting below the retail official rate.
  • Market-based dollars held near the official level, with MEP around ARS 1,495–1,500 and CCL roughly ARS 1,506–1,548, leaving gaps near 1–3%.
  • The Central Bank did not intervene in the FX market on Monday, and reported international reserves of about USD 40.786 billion.
  • The tourist card rate hovered near ARS 1,950, the wholesale dollar stayed in the mid-ARS 1,480s to high 1,490s within the new bands, and the euro traded near ARS 1,628/1,722 officially with a euro blue around ARS 1,742/1,774.