The BCRA bought another USD 70 million and has now accumulated 110 positive sessions

The Central Bank of the Argentine Republic once again showed strength in the official exchange market and bought USD 70 million this Thursday, more than double the USD 34 million acquired in the previous session.

With this new intervention, the monetary authority reached 110 consecutive days with a net purchase and accumulated more than USD 10.7 billion so far in 2026, a significant number for the rebuilding of reserves and for consolidating exchange order.

The figure marks a new positive signal for the external front, one of the most sensitive points of the Argentine economy after years of imbalances, controls, uncontrolled issuance, and systematic loss of reserves. In this context, the Central Bank's continued purchasing highlights an unprecedented improvement in currency management.

Gross international reserves closed at USD 47.502 billion, just USD 6 million below the USD 47.508 billion reported in the previous session. The slight variation was due to a session of relative stability, following the impact that the drop in gold prices had on the agency's asset stock.

This point is relevant because the daily evolution of reserves does not solely depend on the dollar purchases made by the Central Bank. Variations in gold prices and movements of the currencies that make up the monetary authority's asset basket also play a role.

The exchange market was also marked by a new rise in the official exchange rate. The wholesale dollar rose by $9.50 and closed at $1,451, its highest value since February 2, accumulating three consecutive days of increases. According to market operators, the movement responds to a readjustment between the supply and demand for currencies, after several weeks of strong export liquidation.

The official exchange rate remains far from the ceiling of the exchange band, located around $1,788. This allows for the assertion that, despite the recent rise, the scheme operates efficiently without tensions at the extremes of the bands.

The Central Bank's new purchase reinforces the success of the Government's economic program: the rebuilding of reserves is progressing, exchange rate volatility remains contained, and the market is functioning within the expected margins.