The dollar rose for the second day this Monday and at Banco Nación closed at $1,460 for sale, with an increase of five pesos or 0.3 percent.The public ticket hit an intraday high of 1,465 pesos.
The%20rise%20of%20d%C3%B3lar%20retail%20is%20linked%C3%B3%20with%20the%20trend%20in%20the%20wholesale circuit,%20where%20advanced%C3%B3%204.50%20pesos%20o%200.3%,%20a%20$1,437.50,%20y%20with%20a%20discrete%20operated amount%20of%20USD%20344,3%20million%20in%20the%20segment%20of%20cash,%20although%20according%20to%20the seasonality%20of%20foreign trade%20in%20January.
The wholesale dollar adjusted the decline experienced in January to 17.50 pesos or 1.2 percent.
The%20r%C3%A9moans%20of%20exchange bands%20of%20Bank%20Central,%20that%20from%20this%20to%C3%B1o%20se%20ampl%C3%ADaen%20function%C3%B3n%20of%20inflation%C3%B3n,%20marc%C3%B3%20a%20band%20superior%20in%20$1,558.54,%20que%20dej%C3%B3%20altipo%20de%20change%20official%20a%20121.04%20pesos%20or%20a%208.4%%20of%20that%20l%C3%Admits%20for%20freefloating%C3%B3n%20of%20the%20currency.
The%20d%C3%B3lar%20blue,%20that%20start%C3%B3%20the%20business%20in%20low%20and%20toc%C3%B3%20a%20piso%20in%20the%20d%C3%ADa%20in%20the$1,480,%20finally%20rebot%C3%B3%20towards%20the%20$1,490%20dador%20the%20promotion%20of%20d%C3%B3lar%20in%20the%20official segment,%20to%20return%20to%20the%20$1.490%20for%20the%20sale,%20with%20profit%20five%20pesos%20or%200,4%%20compared to%20of%20Friday.
“The Central Bank resumed the path of easing exchange restrictions for companies and eliminates the need to obtain authorization to access the MULC if it involves prepayments of capital and interest that meet certain requirements,” commented Rava Bursátil.
“The strong demand for each of the corporate debt placements, to which the provinces would soon join again, continue to help the reserves continue to rise. Ecuador’s placement, including the repurchase of shorter securities, could provide important signals that the sovereign can also advance in a liability-management process, important to clear financial commitments,” considered economist Gustavo Ber.
“The wholesale dollar rearranges slightly to $1,440, extending the climate of exchange calm and giving room for the BCRA to continue developing the currency purchase strategy, even for now above original expectations. Operators hope that this exchange tranquility will be translated over time into a convergence of real rates, while the response from February to the demand for money is monitored,” said Gustavo Ber.
Ignacio Morales, Chief Investments Officer of Wise Capital, assessed that “this scenario ratifies the so-called ‘exchange pax’, supported by a Central Bank that continues to buy foreign currency and reinforce reserves. However, exchange stability coexists with a monetary front that is still in demand, where short-term rates remain under pressure.”
To support liquidity in the exchange market, attention continues to be placed on the placement of debt in international markets.Max Capital contributed that “the Province of Córdoba announced an offer to repurchase its bond in dollars maturing in 2027 (PDCAR27), while simultaneously planning to issue a new bond in dollars and use the funds to finance the operation. The offer will remain open until this Thursday. Córdoba would be the third province to reissue after the election results, after the City of BuenosAires and Santa Fe, which placed bonds at the end of2025″.
GMA%20Capital%20precis%C3%B3%20that%20%E2%80%9Cel%20BCRA%20buy%C3%B3%20around%20of%20USD%201,000%20million,%20near%2010%%20of%20target%20of%20accumulation%C3%B3n%20of%20reserves%20for%202026.%20The%20financial%20accountwas%20key:%20after%20the%20elections,%20the%20corporate%20issues%20exceeded%20the%20USD7.000%20million.%20But%20also%C3%A9n%20helped%20the%20results%20macro.%20In%202025,%20Argentinaclosed%C3%B3%20for%20second%20a%C3%B1or%20consecutive%20with%20super%C3%A1vits%20twins:%201.4%%20of%20GDP%20in%20theprimary,%200.2%%20in%20the%20financial%20and%20USD%2011,300%20million%20in%20the%20commercial%20balance%E2%80%9D.
“The external surplus was sustained thanks to a handful of sectors. According to the exchange balance, between November 2024 and the same month of 2025, agriculture contributed a net USD 35.7 billion, while energy and mining set export records, with USD 14.8 billion. On the contrary, the industry registered an exchange deficit of USD 22.9 billion and the red of human resources climbed to USD38.5 billion, reflecting the structural pressure on the dollar,” the report concluded.
