Buenos Aires, January 30 (NA) – The Central Bank managed to purchase over USD 1.100 billion in January, a month dominated by calm exchange rates that remained within the established trading bands. The dollar closed its first month down since August 2025. Reserves closed at USD 44.502 billion, and the BCRA bought USD 23 million. This also allowed the Central Bank to consolidate the accumulation of reserves, a demand that both the IMF and market operators had been making. In the wholesale market, the exchange rate closed at $1.447 for sale, an increase of $2.50 and its highest level since January 14. Even so, it is 7.9% below the band's ceiling at $1.563. In January, it accumulates a drop of $8, equivalent to 0.6%, although in the last week there was an advance of $14 (+1%). In the informal market, the blue dollar registered a new downward adjustment: it fell $5 and closed at $1.470 for sale, accumulating a retreat of $60 (-3.9%) in January. In the financial sector, the trend is mixed: the MEP dollar operates at $1,459.65, a daily rise of 77 cents and a monthly retreat of 1.4%. The CCL dollar, for its part, falls 0.5% to $1,501.01, and notes a 1.3% drop in January. The current context shows a lower appetite for dollarization and a greater demand for peso-denominated titles, driven by the normalization of liquidity and rates that continue to be attractive for investors.
