The Central Bank Bought US$70 Million, but Is Heading to Close the Month with the Lowest Balance of the Year
4 Articles
4 Articles
He took advantage of the largest offer, which pressed the currency downwards, to acquire the largest amount since August 28th; despite that, his holdings reached the lowest level in two months.
The Central Bank of the Argentine Republic (BCRA) achieved its highest level of daily purchase since the end of August by acquiring US$70 million, but the momentum will not reach to reverse the monthly balance. With US$313 million accumulated, September is headed to close as the month with the lowest level of foreign exchange acquisitions of all...
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Buenos Aires, 29 September (NA) -- The Central Bank purchased currency for 70 million dollars this Tuesday, the highest level in the month. But international reserves fell to 47,482 million dollars, perforating the floor of US$ 47.5 billion. The Central Bank made the largest purchase of dollars in a month, although September would close with the lowest level of acquisitions so far in 2026. The monetary authority acquired this Tuesday US$ 70 mill…
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