Argentina's Central Bank (BCRA) purchased US$146 million in the foreign exchange market, continuing an ongoing streak of more than 50 consecutive days of net buying and approaching 40% of its annual reserve accumulation target. Gross reserves closed at US$43.800 million.
The BCRA's latest intervention, reported by TN, involved buying US$146 million, marking over 50 straight days of positive balances in FX operations as part of its strategy to rebuild foreign currency reserves. This progress nears 40% of the entity's annual target. Gross international reserves ended at US$43.800 million.
This follows prior sustained purchases earlier in the year, underscoring the central bank's persistent efforts amid economic stabilization measures.
