Last Friday, the Central Bank of Argentina (BCRA) acquired $400 million, surpassing the 50% mark for the year's goal. With this recent purchase, the objective is getting closer. According to the Argentine News Agency, BCRA reserves at the start of this week stand at $45.41 billion. On Monday, April 13, the official dollar rate fell, and the Central Bank purchased $112 million. This marked the 66th consecutive day of purchases in the Foreign Exchange Market (MLC). The government also raised the threshold for qualifying long-term investments. The US dollar exchange rate on Monday, April 13, was as follows: Official dollar: Buy $1.335 / Sell $1.385. Blue dollar: Buy $1.385 / Sell $1.400. MEP dollar: Buy $1,398.20 / Sell $1,409.70. Cable dollar (CCL): Buy $1,463.40 / Sell $1,466.90. Card dollar: Sell $1,800.50.
Argentine Central Bank Continues Dollar Purchases
The Central Bank of Argentina purchased $112 million, marking the 66th session of dollar buying. This brings the bank closer to its annual reserve acquisition goal, which now stands at $45.41 billion. The government has also adjusted the criteria for long-term investments.