Economy Local 2026-03-05T22:47:44+00:00

Argentina's Central Bank accelerates currency purchase

Argentina's gross reserves fell below $46 billion, but the Central Bank of Argentina (BCRA) accelerated its currency purchase on the market, expanding the accumulated total for the year to nearly $3 billion.


Argentina's Central Bank accelerates currency purchase

In any case, gross reserves fell and pierced the $46 billion mark. According to information obtained by the Argentine News Agency, the institution's international assets retreated by $383 million and stood at $45.825 billion, due to falling prices (gold fell 1.4%), which implied a loss of about $200 million, and payments to international organizations of about $30 million. The Central Bank of Argentina (BCRA) accelerated the purchase of foreign exchange in the foreign exchange market this Thursday, acquiring another $124 million. Thus, it expanded the accumulated total for 2026 to nearly $3 billion.