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Argentina’s Official and Blue Dollar Ease as Financial Rates Rise, Country Risk Reaches 850

Government peso-absorption efforts kept the official quote near 1,360.

Overview

  • Banco Nación’s dollar closed at ARS 1,360, the BCRA average sale was ARS 1,370.79, and the wholesale reference slipped to ARS 1,349.50.
  • The blue dollar eased to about ARS 1,365 in city trading, narrowing the gap with the official rate to roughly 1.2%.
  • Financial-dollar segments firmed, with the MEP near ARS 1,357 and the CCL around ARS 1,361–1,371.73.
  • Argentina’s country risk rose for a second session to about 850 points, adding roughly 2.5% on the day.
  • Traders cited peso-withdrawal operations and a presumed BCRA move in futures as factors behind the softer official quote, as reported by local media.