Overview

• Banco Nación opened at ARS 1,400/1,460, while several banks quoted ARS 1,460–1,470, brushing the upper limit of the floating band reported near ARS 1,469–1,471.
• The Treasury and central bank moved to steady trading through dollar sales from Tesoro deposits at the BCRA, with gross reserves reported around US$40.52 billion.
• Parallel markets diverged, with the blue dollar starting near ARS 1,350/1,370 and later closing in Rosario at ARS 1,384/1,435, as MEP and CCL advanced into the ARS 1,42x–1,43x area.
• Crypto pricing signaled early pressure, with USDT around ARS 1,423 on Binance in the morning after overnight prints in the mid‑ARS 1,400s.
• Analysts flagged the band ceiling as a policy threshold, saying sustained pressure could necessitate further intervention or additional resources.