Overview
- Central bank gross reserves rose by $596 million to $43.61 billion, the highest since January 6, 2023, on inflows from international organizations and valuation gains.
- Over the Christmas-short week, reserves increased by $1.197 billion, and economist Federico Machado estimates net reserves at $2.388 billion on a domestic net basis.
- Under the IMF methodology, net reserves stood at negative $15.755 billion, leaving an estimated deviation of about $12 billion versus the December program target.
- Banco Nación kept the retail dollar at 1,475 pesos and said currency trading on Monday, December 29, will open at that same level.
- Parallel and financial exchange rates traded at premiums: the blue around 1,510/1,534 pesos, CCL at 1,527.22 pesos, and MEP at 1,486.11 pesos.