Overview
- The Banco Nación retail dollar reopened at ARS 1,475 after the Christmas break, with banks broadly aligned around that level.
- The blue dollar climbed sharply and closed near ARS 1,530 in Buenos Aires, up about ARS 25 on the day and roughly ARS 45 for the short holiday week, with traders citing travel-related demand.
- Financial rates stayed above the official: the MEP hovered around ARS 1,479–1,487 and the CCL around ARS 1,527–1,536, keeping the multi-rate gap in place.
- Portfolio Personal Inversores estimates the Treasury accumulated about US$408 million of net dollar purchases in December, reinforcing reserves ahead of the policy shift.
- The Senate is debating the 2026 Budget, seen as crucial for credibility and financing plans, as markets brace for the January launch of the bands-based exchange regime.