Overview

• Finance Secretary Pablo Quirno announced Treasury participation in the spot market to add liquidity and support normal FX functioning.
• After the announcement, Banco Nación’s official dollar closed at ARS 1,375 for sale, about ARS 10 below this week’s peak.
• The informal blue traded near ARS 1,360 in Buenos Aires with local variations, while MEP and CCL slipped roughly 0.8% to 1%.
• BCRA director Federico Furiase said no central bank reserves were used and noted IMF coordination, with gross reserves near US$43.0 billion after a US$1.993 billion disbursement.
• Officials cited roughly US$3 billion in prior Treasury dollar purchases, including Bonte operations, as the funding source for interventions during heightened pre‑election volatility.