Overview
- The wholesale peso‑dollar rate rose on Wednesday, Aug. 26, and closed at ARS 1,514 after an intraday peak of ARS 1,515.
- The Central Bank recorded a net buying position of US$61 million in the official market and stepped into futures trading to try to limit volatility.
- Trading in the free‑dollar market jumped to about US$679 million, well above the month's average, signaling stronger demand for dollars.
- Retail and parallel quotations moved with the wholesale close: Banco Nación's retail rate ended at ARS 1,535, the blue market fell to ARS 1,555, and the card/tourist rate remained above ARS 2,000.
- The level of the wholesale close will raise the peso cost of the so‑called 'efecto fixing' for a bond payment tied to the close and may shape near‑term policy on exchange flexibility, rates and reserves.