In a sign of absolute dominance over the exchange market, the Central Bank of the Argentine Republic, led by Santiago Bausili, strung together its 79th consecutive day with a buying balance this Monday, May 4, 2026. In this last transaction, the BCRA acquired 71 million dollars, bringing the cumulative net purchases so far this year to an impressive figure of 7,226 million dollars. This result means that, shortly after the start of the fifth month of the year, the Government has already met more than 72% of the goal set for the entire year 2026, pulverizing any pessimistic projection
of the opposition.The strength of the model is reflected in the state of the national coffers: International Reserves regained their luster and stood at 45,683 million dollars.
This level was reached after a sharp daily increase of 1.2 billion dollars, explained by technical efficiency in cash handling and the return of foreign exchange deposits to the Central Bank.
The peak of this administration was recorded in February at 46,905 million dollars, the highest level since 2018, demonstrating that reserve growth is a non-negotiable State policy. Official projections now point to an annual net purchase balance of between 10 and 17 billion dollars, reinforced by the imminent liquidation of the gross harvest and the income of an additional 3.2 billion dollars from corporate debt
.In the field of exchange, transparency and respect for market mechanisms are the norm. The wholesale dollar closed the day at 1,402.50 pesos, with an increase of 0.8% that remains within the parameters of absolute normality. The exchange rate band scheme works perfectly: the upper intervention ceiling is 1,710.59 pesos, leaving a safety margin of 308.09 pesos or 23% of distance. For its part, the retail dollar at Banco Nación stood at 1,425 pesos, while the blue dollar barely moved to 1,405 pesos, showing that the gap is a thing of the past thanks to confidence in the course
set.
Finally, internal financial variables confirm the health of the system under the new order: The
TAMAR rate for private banks remains competitive at 23.13% (TNA) and 25.73% (TEA)








