Argentina's Central Bank purchased US$112 million in the foreign exchange market on Tuesday, lifting gross international reserves to US$47.908 billion.
The purchase followed a US$1,000 million disbursement from the International Monetary Fund, approved after the second review of the program with Argentina. Reserves thus reached their highest level since mid-October 2019 and surpassed the record set under Javier Milei's administration in February at US$46.905 billion.
The BCRA has recorded purchases in the last 94 sessions for a total of US$9.098 billion since the start of the year. So far in May, acquisitions total US$1.947 billion.
At the same time, country risk closed at 508 basis points, while the blue dollar rose US$15 and ended at 1,420 pesos for purchase and 1,440 pesos for sale.
