08/07/2026 07:07 - Economia
For those unfamiliar with Argentina's economy, it is common to have multiple exchange rates. On Tuesday, July 7, 2026, the market closed with mixed variations across different banks and parallel segments. Stability was the general tone, though slight adjustments occurred in some financial institutions.
The blue dollar (the informal street exchange rate) ended the day with no percentage changes, standing at 1,495 pesos for buying and 1,515 pesos for selling, keeping a 20-peso difference between the two.
Meanwhile, the MEP dollar (a legal rate obtained by buying and selling bonds in the local stock market) registered a 0.11% increase, closing at 1,526.94 pesos for buying and 1,527.48 pesos for selling. The gap was just 0.54 pesos.
In the official segment, movements were diverse. The state-owned Banco Nación showed a 0.33% increase, closing at 1,465 (buy) and 1,515 (sell) pesos. On the contrary, ICBC (Industrial and Commercial Bank of China, operating locally) registered a 0.66% drop, ending at 1,445 and 1,505 pesos.
| Bank | Buy (ARS) | Sell (ARS) | Variation |
|---|---|---|---|
| Banco Nación | 1,465 | 1,515 | +0.33% |
| Banco Provincia | 1,460 | 1,510 | 0.00% |
| Banco Santa Fe | 1,375 | 1,430 | 0.00% |
| ICBC | 1,445 | 1,505 | -0.66% |
| Banco Bica | 1,461 | 1,520 | 0.00% |
| Banco Entre Ríos | 1,410 | 1,460 | 0.00% |
| Banco Hipotecario | 1,470 | 1,510 | 0.00% |
Adding to the optimistic outlook, Argentina's country risk has been steadily decreasing, recently sitting around 405 basis points, its lowest level since 2018. This indicator measures the risk premium investors demand to hold Argentine debt. Furthermore, the reserves of the Central Bank of Argentina (BCRA) also show a positive trend, exceeding USD 49,000 million. This climate of relative calm in macroeconomic indicators reflects the stability seen in the retail foreign exchange market.
For more details, you can check the original source (in Spanish).
Alfredo S. Quiroga
