The Central Bank does not let up. In a new day of purchases, the monetary authority acquired 81 million dollars and has already accumulated more than 300 million of the US currency so far in July. The streak now spans 122 consecutive business days with a positive balance, a record unprecedented in the current administration.
The volume traded in the spot segment reached 725.6 million dollars, the highest level so far this year. This allowed the wholesale dollar to fall two pesos (0.1%) and close at 1,486.50 pesos. So far in 2026, the wholesale exchange rate has advanced only 31.50 pesos, a marginal increase of 2.2%.
The ceiling of the floating bands stood at 1,814.21 pesos, leaving the official dollar at a distance of 327.71 pesos (22%) from the theoretical upper limit. The retail dollar remained unchanged for the fourth consecutive day at 1,510 pesos at Banco Nación, while the blue dollar closed at 1,515 pesos, with minimal movement.
In the futures market, trading volume exceeded 1.6 billion dollars, with the end-of-July position falling to 1,500.50 pesos. Economist Gustavo Ber of Estudio Ber noted that the market is experiencing a «pause» after the global realignment of emerging currencies, in a context where the DXY is supported by the hawkish stance of the Fed under Kevin Warsh’s leadership.
Finance Secretary Federico Furiase highlighted that, thanks to the fiscal surplus, the government has a net financing surplus of 3.7 billion dollars, which will serve as a cushion for 2027 maturities. «The financial program was designed with very conservative assumptions and multiple optionalities,» Furiase stated, emphasizing the successful reserve recomposition carried out by the BCRA.
Analyst Salvador Di Stefano underscored that, under Javier Milei’s presidency, cumulative inflation was 319%, while wholesale devaluation reached 311.7%. «Those who stayed in dollar bills lost against inflation and the wholesale dollar,» he asserted. He also highlighted the extension of REPOs with international banks for 6 billion dollars until September 2028, at a competitive rate between 7.6% and 7.7%.
Net reserves jumped to 4.47 billion dollars, reaching their most positive level since November 2021. Looking ahead to the external sector, the Rosario Board of Trade projects that the agricultural sector will liquidate 34.9 billion dollars during 2026, ensuring that the flow of foreign currency continues to fuel the engine of economic freedom.
kheeeee?? para mi el central nos esta choreando con los dolares esos q compra con nuestros impuestos y encima festejan? mientras los laburantes cada vez mas pobres ellos hacen fiesta con los verdes viva la resistencia abajo el fmi
jajaja clarooo el central comprando dolares a lo loco y los kukas llorando para mi esto es la gloria 300 millones en julio se les cae la carpa a los zurdos dolar a dos pesos menos segui asi papa viva la libertad carajo milei presidente los zurdos a laburar