16/07/2026 15:57 - Economia
According to TN, the Argentine foreign exchange market began the day with stability. For context, the official dollar is trading at $1,445 to buy and $1,495 to sell at Banco Nacion, Argentina largest state-owned bank which sets the official reference rate.
Meanwhile, the dollar blue—an informal, parallel exchange rate widely used by locals and tourists in Buenos Aires to bypass currency controls—is operating at $1,510 to buy and $1,530 to sell, returning to the values it had at the beginning of the year. The wholesale dollar (used for foreign trade) opens at $1,477.50.
The market is operating normally after it was announced that inflation in June was 1.9%, falling below 2% for the first time in 10 months. The accumulated inflation for the first half of 2026 stands at 16.8%.
Regarding the Central Bank of Argentina (BCRA), it maintains a reserve shield of USD 20,000 million to support the exchange rate. On July 14, the institution purchased USD 532 million, marking the highest amount of the year.
The blue dollar closed June at $1,515, while the wholesale dollar has accumulated an increase of 1.55% year-to-date. Financial dollars, such as the MEP (Electronic Payment Market, bought via bonds locally) and CCL (Contado con Liquidacion, settled abroad), show moderate year-on-year increases compared to the official rate.
Alfredo S. Quiroga
