Overview

• Banco Nación set the retail reference at 1,370 pesos at Tuesday’s open, following a roughly 35‑peso jump the previous session that took the official rate near its late‑July peak.
• Parallel and financial rates traded in a tight band, with the blue around 1,365 pesos, MEP and CCL near 1,361–1,362, and dollar cripto quotes clustered roughly between 1,357 and 1,371.
• The BCRA raised bank reserve requirements overnight to withdraw pesos, and early quotes showed a modest pullback in the wholesale rate after Monday’s 41‑peso rise to about 1,362.
• Argentine assets sold off on Monday, with some stocks and ADRs down up to about 10%, sovereign bonds weaker, and country risk reported above roughly 800 basis points.
• Reporters and traders linked the market stress to leaked audios tied to ex‑ANDIS chief Diego Spagnuolo, while the Treasury prepared new peso and dollar‑linked auctions to absorb liquidity and futures continued to price depreciation toward year‑end.