Overview

• Banco Nación closed the official rate at ARS 1,335 for sale after a third straight daily rise, the blue ended at ARS 1,345 at its highest since April 11, and the wholesale rate finished at ARS 1,321 with a gap near 1.8%.
• Central bank data showed the bank average at ARS 1,337.23 for sale, while gross reserves stood around US$41.49 billion after a small daily uptick but a weekly drop of roughly US$408 million.
• Short‑term funding costs remain high as the TAMAR closed at 59.25% TNA (78.18% effective), and banks lifted deposit offers, with Banco CMF advertising a 50% TNA on 30‑day term deposits.
• Sovereign bonds and several ADRs fell and country risk hovered near 753 basis points, reflecting persistent stress even as local equity moves were uneven.
• Under the post‑cepo framework, individuals can buy dollars without the previous US$200 cap via banking channels, though cash purchases over the counter keep a US$100 monthly limit.