Overview
- Banco Nación quoted the official dollar at ARS 1,305/1,355 and the wholesale reference near ARS 1,337 on Friday.
- The blue dollar traded around ARS 1,390/1,410 in Buenos Aires, with a higher quote reported in Córdoba at roughly ARS 1,425.
- Financial-dollar rates bounced, with MEP near ARS 1,380 and CCL fluctuating around ARS 1,403–1,414.
- Argentine stocks and dollar bonds fell on Thursday, lifting the EMBI country risk to about 977 basis points.
- Reported BCRA reserves hovered around US$39.349bn, with no spot intervention in the MULC on Thursday and market narratives tying the week’s peso moves to a reported US$20bn U.S. Treasury swap after the Trump–Milei meeting.