Overview

• The official dollar rate is 1,375 pesos and the informal blue rate is 1,335, with MEP at 1,364.30 and CCL at 1,366.11.
• Crypto dollar USDT trades around 1,376.93 pesos on Binance, mirroring the convergence of other exchange segments.
• The peso depreciated 14% in July as seasonal declines in agricultural dollar inflows and pre-electoral anxiety drove demand for U.S. currency.
• IMF’s $12 billion tranche has raised central bank reserves to roughly $41 billion, underpinning the managed-float regime.
• Analysts report minimal pass-through from the peso’s slide into consumer prices so far.