Overview

• Banco Nación held the official dollar at $1,400 (buy) and $1,450 (sell), leaving a weekly gain of $100 after recent jumps.
• The wholesale rate closed near $1,424.5 as the Treasury placed a reported $300 million sell wall around $1,425, with the band ceiling set at $1,481.70.
• The blue dollar slipped to $1,450 and financial rates eased (MEP near $1,500, CCL around $1,550–$1,560), narrowing the gap with the official rate to single digits.
• U.S. Treasury Secretary Scott Bessent said support would be a $20 billion currency swap rather than a cash disbursement, and Economy Minister Luis Caputo’s team is set to travel to Washington.
• Central bank reserves stood at $42.231 billion as markets continued to price devaluation risk and sovereign assets showed strain with country risk above 1,200 basis points.