According to the Central Bank's Market Expectations Survey (REM), analysts project a gradual rise in the official exchange rate starting April 2026. The median estimate places the dollar at $1.452 in April, with moderate monthly increases. This adjustment will depend on inflation, economic policies, and external factors.
The latest Market Expectations Survey (REM) from the Central Bank of the Argentine Republic (BCRA) reveals analysts' and consultancies' projections for the official exchange rate. For April 2026, the median estimate is $1.452 per dollar, while the average of the top ten forecasters reaches $1.468. Figures rise to $1.475 ($1.490) in May, $1.500 ($1.522) in June, $1.532 ($1.553) in July, and $1.565 ($1.585) in August. For December 2026, $1.707 ($1.716) is expected, and $1.748 ($1.750) in February 2027, per median and top 10, respectively. The upper band limit could reach $1.700 by late April, aligned with inflation adjustments. Orlando Ferreres stated: “Inflation prospects for this year are 27.5%”. Analysts agree on a gradual adjustment without shocks, conditioned by inflation, economic policy decisions, international context, export prices like soy and oil, currency inflows from harvest, peso interest rates, and BCRA's reserve accumulation, which supports exchange rate stability.
