Argentine peso weakens to ARS 1,525.50 per dollar

The Argentine peso depreciated 6 pesos to close at ARS 1,525.50 per dollar on the wholesale market on September 25, 2026, marking its highest nominal level of the year. The session opened up 3 pesos at ARS 1,522, hit an intraday peak of ARS 1,526, and briefly eased to ARS 1,524 before settling at the close.

The Central Bank of the Argentine Republic did not intervene in the foreign exchange market to buy dollars, abstaining for the third time in 2026. The monetary authority purchased $29 million during the week, marking its lowest weekly total since launching its repurchase program on January 3, which has accumulated $14,327 million. The weekly figure fell below the prior low of $42 million logged two weeks earlier.

With three business days remaining in the month, the central bank had purchased $232 million in September, trailing the $768 million acquired in August and $2,162 million in July. Traded market volume across the last five sessions surpassed $2,850 million, while daily volume rose 38% to reach a weekly high of $670 million as private dollar demand intensified.

Gross international reserves fell by $600 million on the day to finish at $48,245 million, pressured by an outflow of $795 million sent to the International Monetary Fund. Total holdings reached their lowest mark since late July, accumulating a decline of nearly $2,600 million over the past three weeks after nearing $51,000 million on August 25.