Overview

• At the close, the official dollar reached $1,465 at Banco Nación and $1,453.85 wholesale, up roughly $85–$90 on the week and within about 1–2% of the band’s ceiling near $1,470.
• Financial exchange rates climbed to nominal records as the MEP hit $1,460.76 and the CCL $1,467.69, while the blue dollar traded around $1,425, narrowing spreads with the official rate to roughly 1%.
• Stocks and bonds fell again, with the S&P Merval down about 3% on Friday and country risk holding above 1,000 points as selling persisted across local and New York‑listed Argentine assets.
• Market participants reported atypical sell offers near the band ceiling—cited around $1,472 and sized near $200–$300 million—stirring debate over whether the BCRA was involved.
• The IMF said it was notified of recent Treasury spot interventions and urged transparent, predictable FX policy, as Economy Minister Luis Caputo sought to calm volatility and forwards priced roughly $1,460 for late September and $1,586–$1,605 by December.