Overview
- Markets recorded a short correction on Thursday, June 11, with the informal blue trading near $1,430–$1,450 and the Banco Nación retail rate at $1,405/$1,455.
- The market wholesale reference fell to about $1,432.50 in its largest one‑day drop since late April as trading volumes rose, while financial quotes sat around MEP ≈ $1,452–$1,453 and CCL ≈ $1,508.
- Crypto‑linked dollars and exchange platforms quoted higher than the blue at roughly $1,493–$1,501, reflecting separate liquidity and access channels for dollars.
- Traders attribute the pullback to changing short‑term supply and demand from export liquidations, BCRA reserve accumulation and recent sovereign rating upgrades, with markets now focused on the INDEC inflation print for direction.
- External risks such as geopolitical tensions and U.S. data are tightening market caution, and ordinary consumers face higher travel and card costs because the dollar tarjeta carries a roughly 30% surcharge over the official rate.