Overview
- Major banks told the central bank they would open the retail dollar around ARS 1,475, with Banco Nación, Galicia, BBVA, Santander and others listing that price.
- The informal blue dollar traded near ARS 1,505 in Buenos Aires and around ARS 1,521 in Córdoba, keeping a narrow gap with the official rate after the holiday break.
- Financial quotes showed segmentation: MEP near ARS 1,479, CCL around ARS 1,531 and crypto references in the ARS 1,522–1,548 range, while the wholesale rate was about ARS 1,451.
- The central bank’s 90‑day rule barring buyers of the official dollar from operating MEP or CCL remained in force, shaping retail and arbitrage behavior.
- Analysts highlighted sustained Treasury dollar purchases in December of roughly US$408 million and flagged the debut of the new exchange bands and the Senate’s 2026 Budget decision as near‑term drivers.