Overview
- The central bank, which bought USD 76 million Wednesday, has now posted 59 straight buying sessions and lifted gross reserves to USD 44.427 billion.
- At Wednesday’s close, the retail dollar was ARS 1,415 at Banco Nación and the wholesale rate was about ARS 1,394 after a 12‑peso rise.
- Financial quotes showed modest gaps, with CCL near ARS 1,489 and MEP around ARS 1,433–1,434, while the cash “blue” traded near ARS 1,405.
- Under the exchange band that tracks inflation with a two‑month lag, April’s upper limit sits near ARS 1,703, leaving about 22% room before forced intervention.
- Barclays, Citi, and JP Morgan said the currency’s real gains are squeezing labor‑heavy sectors and raised doubts about how Argentina will secure dollars for large payments from 2027.