Overview
- A broad rise across official, parallel and financial exchange rates left Banco Nación’s retail quote at about ARS 1,460 while the wholesale rate stayed lower in the same trading window.
- The central bank continued its policy of small daily devaluations and adjusted the exchange-rate band, which official reports list with a floor near ARS 779.16 and a ceiling near ARS 1,786.94.
- Alternative rates climbed sharply: the informal blue market traded around ARS 1,435–1,475, the MEP (local financial dollar) hovered near ARS 1,434–1,462, and the CCL (foreign-settled financial dollar) reached roughly ARS 1,488–1,508.
- Card and crypto channels amplified consumer costs and on‑ramps to dollars, with the 'dólar tarjeta' close to ARS 1,900 and crypto-linked prices near ARS 1,487–1,501 depending on the platform.
- Market participants said the moves were driven by dollarization and profit-taking in local assets, a dynamic that keeps spreads wide, encourages arbitrage between markets, and risks further volatility for savers and tourists.