Particle.news
Download on the App Store

USDT Leads Argentina’s Weekend Dollar Signal as Banks Set $1,387 Monday Open

A 24/7 crypto price now sits above traditional quotes, signaling pressure despite a temporary Treasury sell program.

Overview

  • With markets paused on Sunday, reference closes show the official dollar at $1,380 for sale, blue at $1,370, and MEP/CCL near $1,385–$1,388.
  • Major banks told the central bank they will open on Monday, September 8, with an average retail sale price of about $1,387.
  • USDT on major platforms traded higher over the weekend—roughly $1,389 to $1,397—offering a continuous gauge above official and parallel rates.
  • The government recently allowed the Treasury to sell dollars directly, with BCRA director Federico Furiase citing about US$3.0 billion available for intervention.
  • Analysts, including JP Morgan, frame October elections as a key pivot, with one scenario easing FX pressure and another testing the band ceiling near $1,460.