02/07/2026 10:01 - Economia
The Argentine foreign exchange market starts the second half of the year with a clear adjustment in exchange rate parities. According to Clarín, the boards at Banco Nación (Argentina's largest public bank) show the following rates:
$1,510 (Sell)
$1,460 (Buy)
$1,525 (Informal Market)
The Blue Dollar refers to the informal exchange rate used by locals and tourists to bypass currency controls.
The official dollar has registered an advance of 10 pesos in the last trading session, reaching its highest level so far in 2026. According to Clarín, this movement resumes the upward trend and leaves behind the currency stability that reigned during the first five months of the year, where the exchange rate had dropped 4% in nominal terms.
In June, the bill climbed 5%, more than double the inflation of that month, which hovered around 1.9%. This rebound at the beginning of July projects a second semester with greater movements in the currency, aligning with analysts' estimates that the official dollar could close the year around $1,653.
The macroeconomic context supports the evolution of the exchange rate. The country risk (a measure indicating the likelihood of a country defaulting on its debt) stands at 421 basis points, the lowest level in the Milei era (referring to President Javier Milei). Additionally, the Central Bank accumulates reserves reaching USD 47,081 million, after purchases exceeding USD 11,000 million so far in 2026.
In the digital ecosystem, the crypto dollar (stablecoins traded on exchanges) operates at $1,577.77. This movement occurs in a framework where Bitcoin experiences a rise of over 2%, reaching US$ 61,352. Cryptocurrencies continue to present themselves as a dynamic option for investors seeking coverage.
Source: The quotation data and market dynamics were extracted from Clarín.
Alfredo S. Quiroga
