Official and blue dollar rates retreat in Argentina this February

The dollar exchange rate has fallen by $55 since the start of the year, despite the Central Bank's purchases adding over US$1,600 million to its reserves. Financial quotations are also losing ground in this context.

In Argentina's foreign exchange market, the official dollar and blue dollar rates fell by $55 since the beginning of 2026, according to reports from February 10. This decline occurs amid interventions by the Central Bank of the Argentine Republic (BCRA), which has acquired more than US$1,600 million to bolster its international reserves. Despite these purchases, the exchange rate has not maintained stability, and parallel and financial quotations also show decreases.

The report notes that, at the close of this Tuesday, February 10, the widespread retreat affects various dollar modalities. The BCRA continues its strategy of accumulating foreign currency, but the market responds with a depreciation of the peso against the dollar. Specific quotation figures for the day are not detailed, but the pattern indicates a downward trend in the dollar's value in pesos.

This dynamic reflects ongoing monetary policies, where the central bank aims to balance reserves and exchange stability. Observers note that, although reserves are growing, external and internal factors influence market volatility.

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Photorealistic scene of Buenos Aires currency traders celebrating the blue dollar's $5 rise to $1,470-$1,490, with official rates and lowest country risk in Milei era.
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Blue dollar rises $5 at close this Monday, January 26

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Argentina's blue dollar closed on Monday, January 26, 2026, up $5, trading at $1,470 for buying and $1,490 for selling. Other exchange variants also moved, while the official dollar stayed at $1,410-$1,460 per Banco Nación. The country risk reached 513 basis points, the lowest in the Milei era.

On Monday, March 9, exchange rates for the official dollar, blue, wholesale, MEP, CCL, and crypto were reported in Argentina, where there are no restrictions on buying currencies in banks since April.

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The blue dollar closed without changes at $1.420 for buying and $1.440 for selling, while the official rate at Banco Nación was $1.370 for buying and $1.420 for selling. The blue euro saw a slight increase of $6, closing at $1.785,75 for buying and $1.717,75 for selling. These rates mark the end of the week's trading in the Argentine market.

The official dollar is available without restrictions in Argentine banks, though it still carries a 30% surcharge for card purchases abroad. Various exchange options, such as the blue, MEP, and CCL, are also accessible without limitations.

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Argentina's Central Bank of the Republic (BCRA) purchased US$48 million in foreign currency on March 27, raising year-to-date acquisitions since January to US$4.037 billion. Gross international reserves reached US$43.712 billion, up US$176 million from the previous day.

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