Overview

• The official dollar reached about ARS 1,450 at Banco Nación with the wholesale rate near ARS 1,424, while MEP and CCL traded above ARS 1,500 and the blue hovered around ARS 1,465–1,475.
• Traders reported large official interventions that capped intraday spikes near ARS 1,450, including identified offers around US$550 million at ARS 1,380 and reported cumulative outflows approaching US$748 million.
• Several digital wallets paused sales of the official dollar after informal pressure, and the central bank later stated there was no regulatory change and that only authorized entities may sell foreign currency.
• Agro-exporters had accelerated roughly US$6.3–7.0 billion in liquidations under temporary zero export duties, but the one-off window closed and FX supply receded.
• Country risk topped 1,200 as dollar bonds fell up to 6% and ADRs traded mixed, and markets are watching the Oct. 14 Milei–Trump meeting and the Oct. 26 legislative elections for potential policy and support signals.