Overview
- Argentina's official retail dollar was trading around ARS 1,530–1,535 on Thursday with the wholesale (mayorista) rate near ARS 1,513–1,515 after several days of small rises.
- The Banco Central de la República Argentina resumed net dollar purchases this month, reporting about USD 20 million in one session and lifting gross reserves to roughly USD 50.7 billion.
- Non‑official Argentine rates remain active: MEP was near ARS 1,532–1,533, CCL around ARS 1,591–1,594 and the informal blue rate about ARS 1,540–1,545, producing modest spreads versus the official quote.
- Mexico's peso reversed some gains and traded around MXN 17.00 per USD on Thursday as markets reacted to the planned larger U.S. Treasury repo, stronger U.S. producer inflation data, and oil trading above USD 100 per barrel.
- These moves show how local market structure and central‑bank action in Argentina and external U.S. shocks in Mexico are jointly shaping short‑term FX pressures and reserve management, with near‑term risks tied to upcoming U.S. data and the Fed meeting.