Overview

• The wholesale dollar closed at AR$1,416.5, about 3.8% below the band’s ceiling, while Banco Nación’s sale price hovered near AR$1,435 at the close.
• Argentine ADRs recovered up to 5–7% and sovereign bonds rose around 1% after Monday’s slump, though country risk remained above roughly 1,100 basis points.
• The Finance Secretariat set a Wednesday auction with Lecaps, a Boncer, dollar-linked and TAMAR instruments to roll about AR$7.2 trillion held by private creditors.
• Reports conflicted on official participation in the FX market, with some outlets citing earlier intervention and others noting no apparent action on Tuesday’s session.
• Futures priced a weaker peso into year-end and liquid reserves hovered around US$40–40.6 billion, as economists warned of sustained FX tension into October.