The BCRA has already bought over US$1.2 billion in October and is increasing its firepower
The Central Bank of Argentina (BCRA) reported purchases of over $1.2 billion in October, nearly triple the acquisitions in September. This increase in foreign currency purchases is attributed to exports from the agricultural sector, higher income from energy exports, and external debt issuances. International reserves remain above $50 billion, while the wholesale dollar continues to show a consistent increase.
By iProfesional
