Overview
- The parallel dollar closed at about ARS 1,540, the Banco Nación sale rate held near ARS 1,475, and the wholesale rate reached ARS 1,457, close to the top of the new band.
- Financial exchange rates showed modest premiums over the official market, with CCL near ARS 1,530 and MEP around ARS 1,485.
- Market reports pointed to Treasury dollar sales and heavy spot turnover near USD 903 million, short‑term caución rates jumping to roughly 31.5% on average, and a drop in gross reserves partly linked to lower gold prices.
- Congress’s approval of the 2026 Budget supported a slight rise in sovereign bonds and left risk at roughly 571–573 points, while local stocks were mixed.
- Investors are focused on the January 9 payment of around USD 4.2–4.3 billion, with reports of only partial cash on hand and discussion of repos or local dollar placements as the new inflation‑indexed bands begin January 1.