15/07/2026 16:51 - Economia
In a scenario of growing financial stability, the official dollar exchange rate continued its downward trend, recording its largest daily drop since April 30. The bill at the National Bank (Banco Nación) fell back below $1,500, offering a breath of fresh air to the local economy.
Future contracts traded with drops of up to 0.9%, consolidating a path of gradual depreciation. The market anticipates a wholesale dollar of $1,481 for the close of July and near $1,625 by December 2026.
Understanding the rates: The Wholesale rate is used for international trade. The Blue dollar is the informal street rate. MEP and CCL are financial dollars bought through the local stock market.
This rollback means the distance from the ceiling of the exchange rate band is now at 24%, marking the largest margin recorded in over a month. This behavior occurs in a context of low inflation, which in June was 1.9%, and a strengthened Central Bank with a shield of $20 billion to sustain exchange rate stability.
The calm in the market reflects confidence in economic projections, which anticipate 3.5% growth according to the IMF. This allows authorities to maintain control over quotations and avoid sudden jumps in the foreign currency. Source: La Prensa.
Alfredo S. Quiroga
