The Central Bank Did Not Buy Dollars on Tuesday and Broke a 135-Day Run in Which It Had Added Reserves
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7 Articles
The monetary authority did not intervene at the exchange rate level and cut a 135-wheel streak followed by foreign exchange acquisitions
The monetary authority did not intervene this Tuesday in the foreign exchange market and did not add currency to the reserves for the second time so far this year.
The monetary authority cut a buying streak of more than 130 consecutive days since the beginning of the year. The IMF director had praised the government’s reserve accumulation program. Read more
The monetary authority did not participate in the official market for the first time since the beginning of the accumulation program of 2026. In parallel, the gross reserves dropped u$s234 million to u$s48.931 million. What happened?
Buenos Aires, 28 July (NA) -- After having filled more than 130 consecutive days with interventions in the market, the Central Bank of the Argentine Republic (BCRA) cut with the streak this Tuesday. Specifically, the entity had accumulated 135 days since January 2, the day it began with interventions in the Free Exchange Market (MLC). Since it launched the "phase 4" of the monetary program, the BCRA had acquired US$13.128 million in the wholesal…
The rate of the 28-day Treasury Certificate (Cete) rebounded slightly and cut a three-week upward streak.
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