Overview

• Communication A 8336 again blocks buyers of official dollars from accessing MEP or CCL for 90 days to cut off the ‘rulo’ arbitrage.
• The Treasury executed large block purchases from agro exporters, adding about US$500 million on Monday and roughly US$1.9 billion over recent days.
• Gross reserves were reported near US$41.238 billion after the initial surge and later stood at about US$41.122 billion following debt payments to the Paris Club, BID and CAF.
• The official dollar closed at $1,380 at Banco Nación and $1,360 in the wholesale market, while MEP hovered around $1,449 and CCL around $1,488–$1,496, widening the gap to roughly 10%; the blue eased to about $1,430.
• Argentine bonds fell and the JP Morgan country risk moved back above 1,100, as futures priced more depreciation and analysts warned dollar supply will tighten once the zero‑retentions agro liquidation, capped at US$7,000 million, fades.