Overview

• The Central Bank’s Communication A 8336 reactivates the 90‑day cross‑restriction for all persons, requiring sworn declarations that bar MEP/CCL operations after accessing official dollars.
• The wholesale exchange rate logged its sharpest weekly drop of the Milei era to around $1,326–$1,334, helped by a rapid US$7 billion agro liquidation and public signals of U.S. support.
• Financial dollars rebounded as MEP and CCL rose roughly 2–4% and the blue climbed, widening the gap with the official rate to about 8–11%.
• Argentine ADRs and sovereign bonds fell as much as about 7%, and the country risk index moved back above 1,000 basis points.
• Brokers reported Treasury foreign‑exchange purchases alongside a visible rise in gross reserves, underscoring the drive to accumulate dollars despite heightened market uncertainty.