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Argentina’s Dollar Rates Split After Buenos Aires Vote as Treasury Moves to Calm Market

Overnight jumps in stablecoin prices following the Buenos Aires vote test the floating‑band regime.

Overview

  • Official screens opened near $1,340 for buying and $1,380 for selling, while the blue traded around $1,350/$1,370 in early quotes.
  • Financial rates hovered close to the official level: MEP near $1,383, CCL around $1,390, and the wholesale rate about $1,355.
  • The Central Bank operated in the MULC using dollars deposited by the Treasury to smooth the first post‑election session.
  • Gross international reserves were reported at roughly US$40.52 billion, down about US$115 million, according to the BCRA.
  • Crypto and virtual‑cave prices jumped before the open, reaching roughly $1,423–$1,494, signaling pressure toward the band ceiling set under the managed float.