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5.2

Argentine peso firms as central bank FX purchases dwindle

Argentina's wholesale peso strengthened to 1,512 per dollar while the parallel 'blue' rate fell for a second day. The central bank bought only USD 15 million of USD 671 million traded, a sharp drop from recent intervention levels, signaling reduced official demand amid improving market sentiment.

BAE Negociosabout 22 hours agoARCredibility 44%View source

Score Breakdown

Mosaic Score5.2
Confidence0.5
Significance0.5
Source credibility0.4

Intelligence Tags

#argentina#central-bank#fx#peso#dollar

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