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Argentina’s Split FX Market Opens With Blue Dollar at 1,530 and Card Rate Near 1,918

Thin holiday liquidity keeps Argentina’s exchange channels segmented by policy frictions.

Overview

  • The official retail dollar averages about ARS 1,475 for sale and the wholesale reference stands near ARS 1,452.50, according to bank screens and the BCRA-led segment.
  • Buenos Aires’ blue dollar trades around ARS 1,510/1,530 after a sharp short-week climb of roughly ARS 45, including a ARS 25 jump on Friday.
  • Parallel prices extend beyond the dollar, with the euro blue near ARS 1,780–1,803 versus bank quotes around ARS 1,750 and the real blue showing roughly a 14% premium over the official real.
  • Card purchases continue to carry a 30% surcharge, placing the dólar tarjeta near ARS 1,917.50 across major banks.
  • Regionally, the Mexican peso holds near MXN 17.89–17.93 per dollar after a fifth straight weekly gain, with analysts noting year-end low volumes and expectations of easier Fed policy.