16/07/2026 10:24 - Economia
During the trading session of July 15, 2026, the exchange market in Argentina exhibited a mixed yet highly encouraging behavior. While official banking institutions maintained stable rates, parallel exchange rates such as the Blue Dollar and the MEP Dollar experienced slight increases, reflecting a dynamic and orderly market.
This scenario takes place in a highly favorable economic context. The INDEC (National Institute of Statistics and Census of Argentina) reported a June inflation rate of 1.9%, dropping below the 2% floor for the first time in 10 months. Furthermore, the Central Bank of Argentina (BCRA) maintains a solid reserve shield of USD 20 billion, having purchased USD 532 million in a single day—the largest amount of the year.
For foreigners, the Argentine exchange system can seem complex. Here are a few key concepts to understand the market:
All values listed below correspond to Argentine Pesos (ARS).
The informal bill closed with a slight rise, settling at $1,510 for purchase and $1,530 for sale. The spread between both was $20.
The MEP dollar closed at $1,512.06 for purchase and $1,512.95 for sale, with a very tight spread of $0.89.
In financial institutions, the currency remained stable with no variations compared to the previous day:
| Bank | Purchase (ARS) | Sale (ARS) | Variation |
|---|---|---|---|
| Banco Nación | $1,460 | $1,510 | 0.00% |
| Banco Santa Fe | $1,375 | $1,430 | 0.00% |
| Banco Entre Ríos | $1,410 | $1,460 | 0.00% |
| Banco Bica | $1,461 | $1,520 | 0.00% |
Exchange stability is complemented by excellent macroeconomic news. The Country Risk (an indicator measuring the likelihood of a country defaulting on its debt) remains at comfortable levels, between 402 and 410 basis points. Meanwhile, the International Monetary Fund (IMF) projects a 3.5% growth for the Argentine economy, with a scheduled visit from its Managing Director, Kristalina Georgieva, for July 27, 2026.
Additionally, the Argentine Treasury launched the Bonar 2029 (AO29)—sovereign bonds in dollars maturing in 2029—for up to USD 2 billion, after having successfully paid USD 4.2 billion in sovereign debt. This demonstrates solid access to international markets and a remarkable payment capacity.
Source: Imago News
Alfredo S. Quiroga
