16/07/2026 15:49 - Economia
The deceleration of the consumer price index brings relief to wallets and peace of mind to the financial market. The 1.9% inflation in June, confirmed by INDEC (the Argentine statistics agency), outlines the exchange rate scenario for next month, showing a very comfortable panorama for the Central Bank.
Argentina's managed floating exchange rate system establishes that the limits of the band are updated based on inflation, with a two-month lag. Therefore, June's data directly impacts August's bands.
According to projections, the ceiling of the exchange rate band will rise from $1,845.28 to $1,879.97 by the end of August. This represents an increase of just $34.69, much more moderate than in previous months thanks to the cooling of prices.
The wholesale exchange rate (the rate used for foreign trade between banks and companies) recently closed around $1,471.50, implying it has a margin of over $400 before reaching the ceiling that would force the monetary authority to intervene. This slack reflects the strong supply of foreign currency and market stability.
This is coupled with the successful actions of the Central Bank (BCRA), which has accumulated more than USD 12,000 million in 2026, driven by exports and debt placements. A few days ago, it made one of its largest purchases of the year by acquiring USD 532 million in a single day.
| Dollar Type | Buy | Sell |
|---|---|---|
| Official Dollar (Bank or Exchange House) | $1,445.00 | $1,495.00 |
| MEP Dollar (Financial market through bonds) | $1,511.88 | $1,512.33 |
| Blue Dollar (Informal or Parallel market) | $1,505.00 | $1,525.00 |
Note: All values are expressed in Argentine Pesos (ARS). The MEP dollar is a legal way to buy dollars through the stock exchange, while the 'Blue' dollar refers to the informal street market rate.
Source: BAE Negocios. The market will continue to monitor economic indicators, but the exchange rate horizon looks clear and promising for the coming months.
Alfredo S. Quiroga
