Official dollar rises for fourth straight day in Argentina

The official dollar reached 1,480 pesos for sale on Friday, June 19, marking its fourth consecutive increase.

The official dollar traded at 1,430 pesos for purchase and 1,480 pesos for sale at Banco Nación, up 10 pesos from the previous close. The wholesale dollar stood at 1,461 pesos, also rising 10 pesos.

The blue dollar advanced 5 pesos to 1,480 pesos for sale. Meanwhile, the MEP rose 10 pesos to 1,478 pesos and the contado con liquidación fell 15 pesos to 1,493 pesos.

The S&P Merval dropped 1% to 3,301,709.93 points. Country risk held at 429 basis points. MSCI kept its assessment of the Argentine market unchanged in its Global Market Accessibility Review 2026.

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Illustration of rising Argentine financial markets with stock charts and peso currency on June 1.
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Argentine assets rise and blue dollar closes higher on June 1

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Argentine stocks and bonds traded higher on Monday, June 1, while the blue dollar closed at 1,435 pesos for sale. Country risk remained below 500 basis points.

Argentina's dollar blue closed on Friday March 27 at $1.395 for purchase and $1.415 for sale, down $10 during the day. Other financial dollar types hovered around $1.470. Country risk stood at 6,105 basis points.

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The official dollar quoted at $1,420 for selling on Friday April 24, marking an increase from the previous week. The blue dollar also closed at $1,420, up $10. Financial dollars showed similar rises on a day of high trading volume.

Argentine ADRs closed mostly higher on Monday in New York, while the S&P Merval index rose 4%. Oil prices topped US$110 per barrel amid rising tensions in the Persian Gulf, following Friday's declines.

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