Overview
- Banco Nación quoted the dollar at ARS 1,460 for sale, while the blue traded at ARS 1,450 in Buenos Aires and ARS 1,465 in Córdoba on December 11.
- Financial-dollar rates stayed above the official: MEP near ARS 1,471, CCL around ARS 1,496–1,503, and crypto near ARS 1,478, with the card rate about ARS 1,898 due to a 30% surcharge.
- The Central Bank’s international reserves fell by US$76 million to US$41.663 billion on December 10, according to official data.
- Market reports indicate the Treasury recently sold dollars to meet demand, and the official rate has remained above the blue for more than two weeks.
- Argentina’s Bonar 2029N placement raised roughly US$1 billion at a 9.26% yield, with Argentine ADRs advancing and country risk near 625 basis points.