Overview
- Banco Nación’s retail dollar closed at ARS 1,500, while the wholesale rate jumped about 2.6% to roughly ARS 1,482, within 1% of the band ceiling near ARS 1,497.50.
- Financial dollars rebounded, with MEP around ARS 1,486–1,495 and CCL near ARS 1,506–1,518, as the blue dollar held near ARS 1,440–1,445 and crypto quotes traded higher.
- Equities extended a postelection rally, with the S&P Merval up roughly 2–3% and Argentine ADRs in New York gaining up to about 9%, as risk country hovered near 658.
- President Javier Milei’s cabinet changes—Manuel Adorni replacing Guillermo Francos as chief of cabinet and Diego Santilli named interior minister—featured in market narratives on policy traction.
- The BCRA reported international reserves around USD 39.382 billion, and operators pointed to reduced agroexport inflows and a Treasury rollover near 57% adding pesos—factors that sustained FX pressure and kept doubts about the band’s staying power.