The Central Bank bought US$ 187 million and the dollar fell to $ 1,480

The Central’s purchases are equivalent to 71% of what was negotiated in the round, in which only US$ 268 million, with few transactions. Sector sources indicated that today’s Central purchases were made “en bloc”, outside of that offer.

Santiago Bausili’s team began buying on Monday, January 5, after 9 months out of the market. Since the release of the stocks in April 2025, the Government had imposed on itself that the Central would not buy until the exchange rate pierced the floor of the exchange band. That never happened and the Central Bank remained without intervening in the market, while reserves fell amid electoral tension and increased demand for foreign currency.

At the same time, the dollar gives up another five pesos in the retail market and is sold at $ 1.480 in Banco Nación, while the wholesaler is located $ 1.456,50. In this way, the prices are aligned with those shown at the end of 2025.

The MEP dollar also falls back to $ 1.480, while cash with liquid advances 0.2%, $ 1.525.

Five days after the maturity payment of US$ 4.2 billion last Friday, the debt bonds do not raise their heads and The country risk is close to 600 basis points.

The JP Morgan indicator that measures the excess cost of Argentine debt stretches this Wednesday to 589 points, the highest level in the last 30 days. So far this month, and despite the fact that the mystery of the debt payment signature that had worried the market for weeks was cleared up, the country risk has increased 3.2%.

In another complicated wheel for global markets, the Dow Jones gives up 0.4%in reaction to the tension between the president of the United States, Donald Trump and the president of the Federal Reserve, Jerome Powell. The president pressures the Fed to raise the interest rate, despite the fact that Powell resists. Added to this are the conflict fronts that Trump is opening around the world and that are affecting the price of oil and other assets.

In this framework, Argentine bonds fall between 0.1% and 0.2% and shares listed in New York fell up to 3%, led by Loma Negra.

Buenos Aires, Merval loses 1.7%.

Economist Gustavo Ber points out that “the bonds are weaker and thus lose an average of 0.2% in their dollar prices among the main references, with the country risk exceeding 580 points, while the next steps in the financing strategy are monitored.in search of achieving a complete refinancing of maturities that decompresses commitments.