Overview

• Official quotes eased Friday: the BCRA average stands at $1,293.78/$1,350.82, Banco Nación at $1,305/$1,355, and the wholesale reference at $1,337.
• The blue dollar trades around $1,390–$1,410, with financial rates mixed as MEP ranges near $1,360–$1,382 and CCL around $1,398–$1,414.
• The parallel rate is down roughly $110 for the week and the wholesale rate sits below the band ceiling that the central bank set at $1,478.26.
• Argentina’s country risk rose to about 977 basis points as local shares broadly declined, with losses between roughly 1.5% and 7.6%.
• Reserves are reported near US$39.35 billion and the central bank said it did not intervene in the official FX market on Thursday.