Overview
- The Banco Nación rate closed at 1,420 pesos to buy and 1,470 to sell after a third straight decline, while the wholesale dollar ended near 1,441 pesos, its steepest daily drop in two months.
- The Central Bank bought USD 47 million for a ninth consecutive session, lifting cumulative purchases to about USD 562 million, though gross reserves fell roughly USD 71 million following near USD 100 million in payments to the IDB and World Bank.
- Informal and financial quotes stayed above the official rate but eased slightly, with the blue dollar around 1,505 pesos, CCL near 1,514, and MEP near 1,472, keeping the exchange gap below 3%.
- Under the updated inflation-linked bands, the official rate sits about 7% under the current upper limit near 1,544 pesos, reinforcing a wider cushion within the new framework.
- Global cues shaped regional FX moves as U.S. labor data and comments from President Donald Trump supported the dollar, while the Mexican peso still strengthened to its firmest level since July 2024.