Overview
- Banco Nación quoted the dollar at ARS 1,410/1,460, the wholesale rate hovered around ARS 1,436–1,446, the blue traded near ARS 1,440/1,460, and financial rates were about ARS 1,469–1,475 (MEP) and ARS 1,484–1,487 (CCL).
- The Treasury’s October auction adjudicated ARS 6.867 trillion for a 57.18% rollover, leaving roughly ARS 5 trillion in the market and easing short‑term rates.
- BCRA international reserves were reported near US$40.765 billion, and analysts stressed the need to rebuild buffers as recent FX relief reflects temporary liquidity.
- After a poselection surge, Argentine stocks and sovereign bonds extended gains earlier in the week, then showed a brief pause Thursday as dollar futures fell and bands held below the ARS 1,495 ceiling.
- The Fed cut 25 bps and Chair Jerome Powell cooled expectations of another near‑term cut, helping the dollar firm as the Mexican peso traded around MXN 18.46–18.51 per US$ and Peru’s sol opened at S/3.3866 on Oct. 29.