Argentina's Central Bank of the Republic (BCRA) purchased US$48 million in foreign currency on March 27, raising year-to-date acquisitions since January to US$4.037 billion. Gross international reserves reached US$43.712 billion, up US$176 million from the previous day.
The Central Bank of the Republic of Argentina (BCRA), headed by Santiago Bausili, bought US$48 million in the foreign exchange market during the March 27 trading session. This marks 56 consecutive sessions of purchases, totaling US$4.037 billion since the start of 2026, exceeding 40% of the economic team's annual target.
Gross international reserves climbed to US$43.712 billion, boosted partly by a nearly 3% rise in gold prices to $4,536 per ounce. For the week, with two fewer trading days due to the Day of Memory holiday, the BCRA added US$251 million. Economist Federico Machado reported on X that net reserves stand at US$-1.591 billion.
Since January, under the exchange rate band scheme adjusted by INDEC inflation data, the BCRA acquires dollars without exceeding 5% of daily market volume to prevent disruptions. Official projections forecast purchases between US$10 billion and US$17 billion for all of 2026, based on economic remonetization levels.
The official dollar closed at the Banco Nación at $1,355 for buying and $1,405 for selling; the wholesale rate at $1,382; and the blue market at $1,395 buying and $1,415 selling.
