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Argentina's BCRA purchases US$ 160 million as reserves hit June lows
The Central Bank of the Argentine Republic (BCRA) has seen fluctuations in its foreign reserves and exchange rate interventions. On Wednesday, September 30, the BCRA purchased US$ 160 million in the exchange market, contributing to a total of US$ 473 million in purchases for September. Despite these interventions, gross international reserves fell to US$ 46,090 million, the lowest level since late June, partly due to month-end banking adjustments.
On October 1, the wholesale exchange rate broke a downward trend, rising 0.4% to close at 1,523 pesos. The official retail dollar averaged approximately 1,539.87 pesos for sale. The gap between the current rate and the BCRA's established ceiling of 1,920.44 pesos remains significant at 26%.
The Argentine government is implementing a three-pronged strategy to manage dollar volatility, including interventions in the futures market and the use of 'dólar linked' bonds to provide coverage against peso depreciation. While the BCRA has acquired US$ 14,568 million since January 5, the pace of accumulation has slowed recently due to seasonal decreases in dollar supply.
Entities
Argentina · Argentine government · Banco Central de la República Argentina · Central Bank of Argentina · Javier Milei · Luis Caputo · Tesoro Argentino
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] The wholesale exchange rate rose 0.4% to close at 1,523 pesos on October 1. www.eleco.com.ar · laverdadonline.com · noticiasargentinas.com · nuevaregion.com
- [● 4 SOURCES] The gap between the wholesale exchange rate and the BCRA's upper limit of 1,920.44 pesos is 26%. www.eleco.com.ar · laverdadonline.com · noticiasargentinas.com · nuevaregion.com
- [● 2 SOURCES] The official retail dollar averaged 1,539.87 pesos for sale on September 30. www.radiobicentenario.com.ar · www.eleco.com.ar
- [● 3 SOURCES] Gross international reserves fell to US$ 46,090 million, the lowest level since late June. lagacetaonline.com.ar · diariosanrafael.com.ar · economis.com.ar
- [● 2 SOURCES] The informal 'blue' dollar fell to 1,555 pesos for sale on October 1. www.eleco.com.ar · sanluis24.com.ar
- [● 3 SOURCES] The BCRA purchased US$ 160 million in the exchange market on Wednesday. lagacetaonline.com.ar · diariosanrafael.com.ar · economis.com.ar
- [● 4 SOURCES] Total dollar purchases by the BCRA in September reached US$ 473 million. lagacetaonline.com.ar · diariosanrafael.com.ar · www.eleco.com.ar · economis.com.ar
- [○ 1 SOURCE] Since the start of 2026, reserves have increased by US$ 4,925 million. lagacetaonline.com.ar
- [● 4 SOURCES] The gap between the exchange rate and the BCRA's upper limit of 1,920.44 pesos is 26%. www.eleco.com.ar · laverdadonline.com · noticiasargentinas.com · nuevaregion.com
- [● 5 SOURCES] September purchases by the BCRA reached US$ 473 million. diariosanrafael.com.ar · economis.com.ar · www.eleco.com.ar · noticiasargentinas.com · nuevaregion.com