Overview
- Banco Nación quoted the official dollar at ARS 1,395 for purchase and ARS 1,445 for sale on Monday, with the wholesale rate around ARS 1,415.
- The informal blue traded near ARS 1,415 in Buenos Aires and around ARS 1,430 in Córdoba, while financial quotes held close by with MEP near ARS 1,454.7 and CCL around ARS 1,471–1,474, keeping spreads near 3–4%.
- The Central Bank’s 90‑day bar on trading MEP and CCL after buying official dollars remains in force to curb arbitrage.
- President Javier Milei reaffirmed the exchange‑rate band regime through 2027, and reports indicate Minister Luis Caputo is evaluating band parameters alongside a program of FX buying and bond repurchases to meet IMF reserve goals.
- Argentine dollar bonds extended gains and the JP Morgan country‑risk index dropped to about 596 points, reflecting improved investor sentiment.