Currency Market Updates for August 7: Argentina and Mexico
2 sources · Argentina
Who reported this
- Infobae
- La Nacion
What the colours mean
- Left
- Centre-left
- Centre
- Centre-right
- Right
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Every source for this story reports from Argentina.
Every outlet covering this story shares the same political lean; read with that in mind.
Currency markets on August 7 showed differing trends in Argentina and Mexico. In Argentina, the official dollar was quoted at 1,520 pesos for sale at Banco Nación, while the parallel blue dollar was priced at 1,530 pesos for the same operation. Other Argentine rates included the card dollar at 1,976 pesos, the CCL at 1,586.82 pesos, and the MEP at 1,525.38 pesos. The country risk indicator reached 444 points. In Mexico, the U.S. dollar opened at an average of 17.13 pesos, marking a decrease of 0.53 percent from the previous close of 17.22 pesos. This represents a continuing negative trend for the dollar in Mexico, which has seen four consecutive days of loss and a year on year decline of 8.46 percent. Economic projections for Mexico in 2026 suggest the exchange rate could range between 19.30 and 20.50 pesos per dollar, influenced by factors such as nearshoring investments and the 2026 World Cup.
How each side framed it
- Centre-right
- Outlets of this lean focused on providing raw data and practical consumer information regarding exchange rates and financial indicators.
Sources
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