Economy Country January 31, 2025

Fall of International Reserves in Argentina

Argentina's gross international reserves have fallen by US$ 1.164 billion in the last eight currency trading days, reaching a total of US$ 29.428 billion. The official dollar is trading at $1,020.10 for buying and $1,078.15 for selling, while the blue dollar is quoted at $1,225.


Fall of International Reserves in Argentina

The country's gross international reserves closed at US$ 29.428 billion, having recorded a decline of US$ 1.164 billion in the last eight foreign exchange days. In this context, the official retail dollar, excluding the corresponding taxes, is at $1,020.10 for buying and $1,078.15 for selling, while at Banco NaciĆ³n it is quoted at $1,032 and $1,072 respectively.

In the official exchange market, the wholesale dollar was offered at $1,052 per unit, showing an increase of 50 cents compared to Wednesday's close. On the other hand, the blue dollar remains at $1,225, generating a gap of 16.33%, and the MEP operates at $1,164.03, establishing a difference of 10.65% with the official dollar.

The Cash with Liquidation (CCL) is sold at $1,177.74, originating a spread of 11.95% against the official value. As for the card or tourist dollar, and the savings dollar, they remain at $1,393.60, while the crypto or Bitcoin dollar is quoted at $1,183.28. Bitcoin operates at US$ 105,008.74 as the most popular cryptocurrency in the market.

Regarding the Central Bank's intervention, it is reported that US$ 68 million were purchased today in the foreign exchange market, despite the continued outflow of foreign currency from the country.