Overview

• The parallel “blue” dollar rate climbed to 1,300 pesos per U.S. dollar, its highest level since mid-April.
• The official public rate remained capped at 1,275 pesos under the central bank’s new floating band.
• Financial exchange rates finished around 1,268 pesos for the MEP and 1,273 pesos for the CCL, highlighting market fragmentation.
• Political setbacks in the Senate have amplified uncertainty and propelled informal dollar demand.
• President Trump’s import tariffs on Canada and the EU strengthened the U.S. dollar globally, intensifying pressure on Argentine stocks and bonds despite IMF support.