With 107 consecutive days of purchases, the Central Bank has already accumulated over USD 10.540 million so far this year, strengthening reserves during Javier Milei's administration
In a milestone that marks the end of economic decline and the beginning of an era of prosperity, the Central Bank of the Argentine Republic (BCRA) has consolidated an undeniable track record of success under the leadership of President Javier Milei. The entity achieved this Friday its 107th consecutive day with a net buyer position in the foreign exchange market, an accomplishment that reflects the strength and consistency of the new monetary scheme implemented since January.
On this last day, the monetary authority added USD 50 million to its coffers, reaffirming a trend of accumulation that knows no setbacks. What began as a stabilization plan has transformed into a true financial feat. So far in 2026, the BCRA has accumulated an astonishing total of USD 10.620 billion through market operations and external transactions, comfortably surpassing the USD 10.542 billion that marked the pulse of recent success.
Buying and selling dollars
This figure is not only compelling in itself, but it far exceeds the established annual target, which official projections originally placed in a range of 10,000 to 17,000 million dollars. According to the economic team's outlook, the current dynamism is so vigorous that foreign currency purchases could even "exceed USD 17,000 million" in the remainder of the year.
The success of this state policy is based on the liberation of productive forces. The agriculture and energy sectors have regained their central role in the economy, with a notable acceleration in the liquidation of foreign currency from agricultural exports.
Only in the second week of June, the BCRA purchases totaled USD 436 million, raising the accumulated total for the first days of the month to USD 873 million. This incessant flow of dollars has allowed gross reserves to reach USD 47.419 billion, placing the stock of reserves at its highest level in seven years, above the previous records of the current administration.
International Reserves 2019-2026
The international financial community has capitulated to the evidence of the results. The rating agency S&P has upgraded Argentina's debt rating, a decision that, according to the consultancy Aurum Valores, was based on "the continuity of fiscal adjustment, the deceleration of inflation, the recovery of economic activity, and the accumulation of reserves". Furthermore, experts highlight the government's ability to maintain access to financing and meet its commitments, while an average growth close to 3% is expected for the coming years.
Even under the technical gaze of analysts like Ignacio Morales from Wise Capital, who observes the "consistency of accumulation", the data is irrefutable: since the beginning of the administration, only one selling balance was recorded on January 2, achieving daily purchase peaks of up to USD 457 million on April 10. With the backing of a Treasury that absorbs peso surpluses through debt issuances and a Ministry of Economy awaiting the inflow of agricultural sector remnants, the path to total stability seems irreversible under the leadership of Javier Milei
