Overview
- Net purchases reached about US$615 million for the week, including US$42 million on Friday, lifting gross reserves to roughly US$45.16 billion.
- The official retail dollar closed at $1,420 after a daily uptick but fell about $30 over the week, while the wholesale rate rebounded to $1,399.50 after six declines, still down $32.50 weekly.
- The informal blue dollar held near $1,440 for sale, logging its first weekly rise in about six weeks and finishing above the official and MEP rates.
- Financial dollars diverged, with MEP around $1,424–$1,428 and CCL near $1,470–$1,474, as the wholesale rate sat roughly 13.3% below the top of the official band.
- Market participants cite corporate and provincial debt issuance, greater dollar lending that must be liquidated locally, and peso carry trades as key supports, with external tailwinds from softer U.S. inflation; they warn the stability depends on sustained inflows and credibility.