Particle.news
Download on the App Store

Argentina’s FX Market Stays Steady With Tight Gaps as Blue Dollar Closes at ARS 1,450

Lower post‑election dollar buying and futures aligned below an upper band near ARS 1,511 are helping keep exchange‑rate pressures contained into year‑end.

Overview

  • Banco Nación’s official dollar held at ARS 1,465 for sale as most bank screens showed little change on the day.
  • The wholesale reference rate traded near ARS 1,441, leaving only small differentials versus informal and financial quotes.
  • The MEP closed around ARS 1,479 and the CCL hovered in the ARS 1,48x–1,51x range, implying spreads of roughly 2%–3% over the official rate.
  • The card/tourist rate, which includes a 30% perception, was quoted near ARS 1,904.50 across major banks.
  • Official BCRA data presented by vice president Vladimir Werning showed net public dollar purchases fell to about US$1.1 billion in November from US$5.3 billion in October, while regionally the Mexican peso strengthened to roughly 17.98 per dollar.