Overview
- Banco Nación’s retail dollar closed at ARS 1,485 and the wholesale rate at roughly ARS 1,454, moving about 3% below the upper band after testing it on Monday.
- Parallel rates were mixed at the close: blue traded around ARS 1,445–1,460, the MEP near ARS 1,495, and the CCL around ARS 1,513.
- The Central Bank said it did not intervene in the FX market on Monday under the band framework established after lifting controls.
- Investors are focused on a Wednesday Treasury auction and reserve dynamics following a USD 822 million interest payment to the IMF.
- Futures pricing implies the wholesale dollar near ARS 1,478 by end-November and around ARS 1,513 in December.