Argentine Country Risk Reaches 749 Points as Official Exchange Rates Update
Argentina’s country risk index hit 749 points on Thursday, according to financial reports tracked by El Litoral. The indicator moves alongside ongoing updates to foreign exchange rates regulated by the Central Bank of the Argentine Republic, which sets official currency values during weekday banking hours.
Official Dollar Closings and Bank Rates
Official currency quotations operate until 15:00 on business days to match standard banking operational hours. The wholesale dollar settled with a buying price of 1,533 pesos and a selling price of 1,542 pesos, while parallel financial instruments traded at higher levels.
The blue dollar rate stood at 1,545 pesos for buyers and 1,565 pesos for sellers.
Individual commercial banks posted varying rates for retail customers during the Thursday trading session:
- Banco Nación: Buying at 1,510 pesos, selling at 1,560 pesos.
- Banco Provincia: Buying at 1,515 pesos, selling at 1,565 pesos.
- Banco Santa Fe: Buying at 1,520 pesos, selling at 1,565 pesos.
- Banco Bica: Buying at 1,494 pesos, selling at 1,555 pesos.
Frequently Asked Questions About Argentine Currency Quotations
When do official foreign exchange rates update each day?
The official dollar quotation regulated by the Central Bank updates until 15:00 on business days, coinciding with standard bank operating hours.
What were the closing buy and sell rates for the wholesale dollar?
The wholesale dollar closed with a buying price of 1,533 pesos and a selling price of 1,542 pesos.
How much did the country risk indicator reach on Thursday?
The country risk index climbed to 749 points on Thursday.