Overview

• The Banco Nación rate hovered near monthly lows and closed around $1,350 after several consecutive declines.
• The MEP climbed to about $1,409 and the CCL approached $1,441, while the blue ended near $1,415.
• The central bank said people can still buy dollars to save but restricted using those funds to supply financial-dollar trades, according to director Federico Furiase.
• Sovereign bonds and ADRs fell sharply with losses reported up to roughly 8–8.8%, pushing JP Morgan’s country risk gauge back to around or above 1,000 points.
• Roughly US$7 billion in agro liquidations over three days and reported U.S. Treasury support increased official FX supply as gross reserves stood near US$39.35 billion.