Overview
- Banco Nación set the retail dollar at ARS 1,365 to buy and ARS 1,415 to sell on Monday, with the Central Bank’s bank average at ARS 1,415.80.
- The wholesale rate traded near ARS 1,391, while the informal blue held around ARS 1,380/1,400, leaving only a narrow gap with the bank rate.
- The card rate, which adds a 30% income-tax prepayment to the official price, stood near ARS 1,833 to ARS 1,839 at major banks.
- The Central Bank logged net dollar purchases of about US$2.7 billion in April and roughly US$7 billion year to date, helping lift reported reserves.
- Heavy farm export liquidations increased dollar supply and pushed daily FX turnover above US$500 million, and analysts warn the calm could ease later in the year as seasonal inflows fade and external shocks loom.