Overview
- Banco Nación cut the retail sell rate to $1,470, the blue fell to $1,430, and the wholesale rate dipped to about $1,444, still well below the BCRA band ceiling near $1,513.
- S&P Merval rose roughly 2.9% and dollar bonds firmed as J.P. Morgan’s riesgo país edged down to about 639 basis points, with key global bond yields now in single digits.
- Economy Minister Luis Caputo said banks offered between US$6–7 billion and indicated the Treasury may take around US$4 billion to cover January obligations.
- Financial dollars eased, with the MEP near $1,470 and the CCL around $1,509, reinforcing a broad ‘pax cambiaria’ across official, financial and parallel segments.
- Analysts cautioned that sub‑2% monthly peso yields and weak exporter liquidations (about US$760 million in November) could revive FX pressures without stronger reserve inflows.