Particle.news

Download on the App Store

Official and Blue Dollars Slip in Argentina as Financial Rates Rise, Country Risk at 850

Market participants cited suspected BCRA intervention in futures to nudge the official rate down.

Image
Image
Image
Image

Overview

  • Banco Nación’s selling rate ended at ARS 1,360 after a second decline this week.
  • The blue dollar hovered between ARS 1,355 and ARS 1,365 across surveys, trimming the gap with the official to about 1%.
  • Financial quotes rose, with MEP near ARS 1,357–1,358 and CCL around ARS 1,361–1,372 by the close.
  • The wholesale rate eased to ARS 1,349.50, marking a ARS 7 drop on the day.
  • JP Morgan’s country-risk index climbed for a second session to roughly 850 points.