Overview

• The official retail dollar was quoted at ARS 1,324.95 to buy and ARS 1,378.58 to sell, with Banco Nación at ARS 1,325/1,375.
• The dólar blue traded at ARS 1,385/1,405 after a slide of about ARS 70, leaving a roughly 4.2% gap versus the official rate.
• Market dollar rates showed shallow spreads, with the MEP at ARS 1,409.92 (about a 4.5% gap) and the CCL at ARS 1,440.12 (about 6.8%).
• Gross international reserves rose by roughly US$195 million to US$42.251 billion, a move officials attributed mainly to currency and gold valuation gains of about US$197 million.
• Short-term pesos yields jumped, with TAMAR at 54.38% and BADLAR at 49.56% nominal annual, while crypto quotes put the dólar cripto near ARS 1,425 and Bitcoin around US$114,783.