Overview
- Argentina’s official dollar slipped to ARS 1,445 in retail trading and ARS 1,415 wholesale, extending a post-election pullback.
- Financial-dollar gauges also fell, with the MEP near ARS 1,455–1,462, the CCL around ARS 1,470–1,474, and the blue at roughly ARS 1,395–1,415.
- Gross reserves declined by US$753 million on the week to US$40.26 billion after the government paid nearly US$800 million to the IMF in interest.
- The Milei administration reaffirmed that the current exchange regime will remain in place through 2027 as market supply via the MLC helped restrain prices without BCRA spot intervention.
- Peru’s central bank bought US$27 million in the spot market—its first such purchase since April 2020—to temper a sol that has appreciated about 11% this year to around S/3.37, a move analysts say is largely psychological.