Gold reached a value of $4,760 per ounce. Last week, the International Monetary Fund (IMF) highlighted the level at which the Central Bank is accumulating reserves. 'The accumulation of reserves began at an accelerated pace, which is very good,' said spokeswoman Julie Kozack during a press conference in Washington held by this agency. In turn, the international organization reaffirmed its favorable outlook for Argentina with an economic growth of 4% in 2026 and 2027. This Tuesday, it bought $8 million and closed with $44,874 million. According to the Argentine News Agency, the BCRA has bought $716 million since the new monetary program was launched. Specifically, the dollar purchase made today was the smallest in volume since the start of foreign currency acquisition. This is because since the start of 'phase 4,' announced by the head of the Central Bank Santiago Bausili, the financial institution has acquired $716 million in the last twelve rounds and achieved a new record. It marked the best level in four years, when reserves stood at $45,169 million in September. It also reached the highest level since Javier Milei took office. The Central Bank bought $8 million and reached the highest level since 2021. Thus, reserves rose $66 million compared to Monday, largely due to the increase in the price of precious metals, in which the Government owns approximately 2 million troy ounces of gold. This forecast surpassed that of Latin America and the Caribbean, which projects an advance of 2.2% in 2026 and 2.7% in 2027.
