Overview

• Banco Nación’s retail dollar closed at $1,370 after a $35 jump (about 2.6%), with the wholesale rate up roughly $41 to around $1,362–1,365 and just below July’s $1,380 nominal peak.
• Financial and parallel rates climbed as well, with MEP and CCL near $1,356–1,360 and the blue around $1,365, narrowing typical gaps and at points slipping below the official quote.
• Argentine assets sank, with bank ADRs in New York down as much as about 8%, local shares falling around 5% in dollar terms, and sovereign bonds losing up to roughly 3–4%.
• The central bank did not intervene in the spot FX market on Friday and gross reserves stood near US$41.5 billion after a US$1.993 billion IMF disbursement, while futures implied about $1,360 for end‑August and near $1,553 by December.
• Regional context showed a contrast as Mexico’s peso traded with relative stability around 18.6 per dollar.