Overview

• Market operators reported large sell orders around ARS 1,380—viewed as official—that pulled the wholesale rate back after an intraday spike near ARS 1,450.
• The official retail dollar ended at ARS 1,400, while financial rates climbed with MEP near ARS 1,494 and CCL around ARS 1,544, and the blue dollar at roughly ARS 1,445.
• International reserves fell about US$748 million on the day to roughly US$40.37 billion, underscoring the cost of defending the exchange framework.
• On the final heavy day of farm liquidations, the Treasury reportedly netted only about US$30 million and, over the window, captured roughly one-third of expected agro dollars (~US$2.19 billion).
• The Central Bank reinstated a 90‑day cross restriction and clarified that unregulated wallets cannot sell official dollars, as the country risk gauge rose to about 1,228–1,230 and futures priced the wholesale rate near ARS 1,605 by December.