Argentina Dollar Reserves: Caputo's US$10bn Cushion
11 Articles
11 Articles
Argentina Dollar Reserves: Caputo's US$10bn Cushion
Argentina · Economy Deputy economy minister José Luis Daza said Argentina’s central bank will buy about US$10 billion more in dollar reserves before the October 2027 elections. He announced it on 12 August 2026 at the Experiencia IDEA business summit in Rosario. The central bank (BCRA) has already bought roughly US$13.5 billion so far in […] The post Argentina Dollar Reserves: Caputo’s US$10bn Cushion appeared first on The Rio Times.
The Vice Minister of Economy, José Luis Daza, said that the country will arrive in the next elections with better financial conditions than last year; he said that “people are more willing to risk being robbed by a motorcycle than to put silver in the financial system”
The Secretary of Economic Policy, José Luis Daza, said that Argentina will arrive in the elections of 2027 with US$ 20 billion more reserves than in 2025.Employers demanded to sustain stability and advance with the decrease of retentions.
Consultant Orlando Ferreres considered that “for many people it is convenient to buy dollars and place them at interest rate” in the face of the currency uncertainty generated by the outcome of the presidential elections of 2027 and the perception that the exchange rate is behind schedule. “There is doubt as to whether the strengthening of reserves will reach in order to meet the demand for dollars. Next year there will be more demand from peopl…
The Vice Minister of Economy said the goal is to strengthen the reserves to face the coming electoral year. The post José Luis Daza revealed the government’s strategy to reach strengthened elections in 2027 appeared first on El Intranssigente: Latest news from Argentina and the world in real time.
Vice Minister of Economy José Luis Daza confirmed that BCRA will continue to accumulate reserves and assured that Argentina will reach 2027 with a stronger external position. Read more
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