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Blue Dollar Tops ARS 1,500 as Argentina’s Central Bank Rebuilds Reserves

Ongoing central bank dollar purchases rebuild reserves.

Overview

  • - The official dollar on Banco Nación trades at ARS 1,470 for sale, with the wholesale rate near ARS 1,441–1,443.
  • - The blue dollar holds around ARS 1,505–1,510 in Buenos Aires and reaches ARS 1,526 in Córdoba.
  • - Financial exchange rates sit between official and blue levels, with MEP near ARS 1,473–1,475, CCL around ARS 1,512–1,516, and the crypto dollar near ARS 1,515.
  • - The BCRA has bought roughly US$520–562 million year to date and lifted gross reserves to about US$44.7 billion, a trend noted by the IMF’s Julie Kozack.
  • - The card rate (“dólar tarjeta”) stands near ARS 1,911, while regionally the Brazilian real shows a ~13% blue premium over the official quote and the U.S. dollar trades near MXN 17.65–17.68 in Mexico.