The monetary authority accumulated its 118th consecutive buying round and exceeded the annual target set by the IMF
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The Central Bank ended the day with a buying balance and continues to deepen a key streak for exchange rate stability. The monetary authority reported on Tuesday, June 30, 2026, a purchase of USD 47 million, marking its 118th consecutive round of acquiring foreign currency.
With this new result, the BCRA consolidated the third longest buying streak in its history, a relevant fact for the economic program of President Javier Milei, whose main objectives include rebuilding international reserves after the severe deterioration inherited.
Summary of the day
According to official data released by the entity, gross reserves stood at USD 44.873 billion. The continuity of purchases allowed surpassing the IMF target of accumulating USD 10 billion for the year, a concrete sign of compliance on the external front and the monetary responsibility of the Government of Javier Milei.
The average selling retail exchange rate was $1,502.091 per dollar, according to information published by the BCRA. Meanwhile, the TAMAR of private banks stood at 22.94% TNA, while the BADLAR was at 21.00% TNA.
The buying streak reinforces one of the pillars of the official scheme: fiscal discipline, lower monetary issuance, and rebuilding the Central Bank's balance sheet. The administration is advancing in rebuilding credibility in an area that for years was used by Kirchnerism as a financing box for fiscal irresponsibility, leaving the country without net reserves, an increasingly suffocating exchange control, and a central bank devoid of tools to ensure monetary stability.
Santiago Bausilli, president of the Central Bank
Although Argentina still faces significant challenges in exchange and financial matters, the sustained accumulation of foreign currency represents a positive signal for the market. The improvement in reserves reduces external vulnerabilities and strengthens the Government's capacity to advance in economic normalization.
Thus, the close of June left another favorable data point for the economic team: the Central Bank bought another USD 47 million, reached 118 consecutive rounds with a positive balance, and maintained the process of accumulating reserves above the target agreed upon with the IMF.
