Markets
5.8
Argentine Peso Weakens: Official Dollar at 1,490 ARS at Banco Nación
Published 17 h ago2 sourcesEvidence: Unknown
SeverityModerateAssessedDeveloping storyPerfilLow-rated sourceAR
Argentina's wholesale exchange rate rose to 1,525 pesos per dollar, marking a third consecutive daily increase, while the central bank (BCRA) bought USD 103 million, boosting reserves. The move suggests continued managed depreciation and intervention, with implications for inflation and market expectations.
Entities
Published 17 h ago2 sourcesEvidence: Unknown
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