Argentina reserves recovered past US$50 billion this week, but the gain came mainly from gold prices and asset values rather than from central bank buying.
ARGENTINA · ECONOMY
Key Facts
—What happened Gross international reserves recovered past US$50 billion in the first days of September after a sharp August drop.
—How big the move was Reserves rose US$1,948 million on 1 September to close at US$50,205 million.
—The real story A further gain on 3 September came mainly from higher gold prices and a friendlier external market.
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