Overview

• The Banco Nación retail rate closed at $1,445 and the wholesale dollar reached about $1,432 after another sharp daily rise.
• The informal blue dollar advanced to $1,410, while MEP and CCL hovered near $1,44x, narrowing gaps versus the official market.
• IMF spokesperson Julie Kozack said the Fund was notified of recent Treasury interventions to temper volatility, reiterated support for the program, and urged reserve rebuilding with clear, predictable frameworks.
• Market pricing points to the wholesale rate near $1,450 by late September and higher levels by December, signaling concern about the band being tested.
• Currency pressure intensified after the Buenos Aires province legislative setback, as reserves dipped by $34 million and local benchmark rates eased alongside ongoing debt operations.