Overview
- Banco Nación’s sale rate closed at ARS 1,430, equaling the blue dollar, while the wholesale rate rose to ARS 1,406.50 on roughly USD 574 million in spot turnover.
- Financial-dollar quotes firmed, with MEP near ARS 1,444–1,445 and CCL around ARS 1,475–1,482, leaving gaps of only a few percentage points versus the official rate.
- Dollar futures advanced 0.5%–1.1% across maturities on heavy volume of about USD 910.7 million, with the November contract ending near ARS 1,411.50.
- International reserves stood around USD 40.62 billion as BCRA chief Santiago Bausili said reserve accumulation would follow remonetization rather than an engineered devaluation.
- With substantial foreign-currency maturities approaching, official data showed a USD 97 million Treasury purchase on Friday and additional buys were reported this week; regionally, Mexico’s peso weakened to about 18.36 per dollar as traders awaited U.S. data and digested Fed minutes.