Overview

• U.S. Treasury envoy Scott Bessent confirmed a third sale of dollars in Argentina’s market, with additional operations in financial channels.
• Despite the interventions, the official dollar at Banco Nación reached ARS 1,475 and the MEP and CCL rates rose to roughly ARS 1,541–1,543, highlighting ongoing pressure on the peso.
• Casa Rosada says the proposed US$20 billion currency swap is not activated and is separate from the dollar sales, as reports point to parallel talks with major banks on potential additional financing.
• President Donald Trump publicly conditioned ongoing U.S. backing on a Milei‑favorable result on Oct. 26, reinforcing that assistance is tied to political outcomes.
• A Zentrix survey reported by El Cronista finds 58.2% oppose U.S. assistance and Milei’s job approval at 33.8%, as the government explores alliances and potential cabinet changes to shore up governability.