Argentina's central bank halted daily dollar purchases for the first time since January, pausing a US$13 billion reserve buildup praised by the IMF.
Argentina · Markets
Key Facts
—Streak. The Central Bank of Argentina (BCRA) paused daily dollar purchases on Tuesday for the first time since January 2, 2026.
—Reserves. Gross foreign reserves reached roughly US$48.9 billion, near the highest level since 2019, after accumulating about US$13 billion this year.
—IMF target. The IMF praised the buildup, noting net reserves rose about US$7 billion, putting the country very close to its US$8 billion end-2026 target.
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