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Argentina’s Dollar Prices Split Across Markets, With MEP and CCL Above the Official Rate

Expanded retail access to the legal MEP route is reshaping how Argentines buy dollars.

Overview

  • Argentina’s main dollar references, which carried into Saturday’s quotes, stood near $1,365/$1,415 official, $1,395/$1,405 blue, $1,432/$1,436 MEP, and $1,483/$1,484 CCL.
  • Following Friday’s market close, the card rate was about $1,839.50 for foreign spending and crypto-based quotes hovered near $1,470.
  • Financial gauges showed small weekly moves, with MEP and CCL up around 1% and the crypto rate largely flat in early April.
  • Apps such as Cocos, Ualá, and 24/7 platforms now let users buy MEP dollars by trading local bonds, and funds settle after a required 24-hour parking period with no monthly cap.
  • Mexico’s peso hovered near 17.8 per dollar after Banxico’s Friday FIX of 17.8117 as coverage linked recent swings to Middle East tensions and higher oil, and Peru’s BCRP put the April 1 interbank close at 3.4535 soles.