Overview

• The retail dollar closed at ARS 1,445 at Banco Nación and the wholesale rate at ARS 1,432, leaving the peso just below the managed‑float ceiling near ARS 1,471 after four straight advances and a weekly rise of about ARS 77.
• The central bank cut its BYMA overnight ‘simultáneas’ rate to 35% after trims from 45% and 40% earlier in the week, and banks report discussions on easing daily reserve requirement mechanics.
• The Treasury placed ARS 6.63 trillion against ARS 7.2 trillion due for a 91.4% rollover, easing near‑term funding stress but leaving residual needs to cover with deposits.
• Parallel and financial rates clustered near the official level, with the blue around ARS 1,410, MEP near ARS 1,451 and CCL about ARS 1,448, while futures price roughly ARS 1,450 for late September and about ARS 1,586 by year‑end.
• Argentine assets fell and J.P. Morgan’s country risk held above 1,000 basis points as IMF spokesperson Julie Kozack confirmed notification of cash‑market interventions and called for reserve rebuilding.