The%20Banco%20Central%20de%20la%20Rep%C3%BAblica%20Argentina%20(BCRA)complete%C3%B3%2025%20wheels%20consecutive%20with%20balance%20positive%20in%20the%20purchase%20of%20currencies,both%20in%20the%20market%20exchange%20and%20a%20through%C3%A9s%20of%20operations%20in%20block,%20afteracquirir%20USD%2051%20million%20this%20Friday.%20On%20lo%20that%20va%20of%202026,%20the%20entity%20sum%C3%B3%20m%C3%A1sof%20USD%201,400%20million,%20figure%20that%20represents%20approximately%20the%2014%%20of%20the%20annual%20target%20established%20for%20the%20accumulation%C3%B3n%20of%20reserves.
During this 25-day period, purchases totaled USD 1,474 million, in line with the beginning of the so-called “phase 4” of the current economic program.In the week, it was made of 317 million dollars.To make these acquisitions, the BCRA injects pesos without applying sterilization mechanisms, which keeps liquidity stable and helps avoid increases in interest rates.
As a result of these interventions, international reserves stood at USD 44.94 billion and registered a daily increase of USD 190 million. The stock of foreign currencies reached a maximum since August 2021 in the last month, reaching USD 46.24 billion, partly due to the rise in the international price of gold, currently at USD 4,957 per ounce.This asset, considered a refuge from global financial volatility, has a direct impact on the BCRA’s balance sheet.Currently, the entity has around 1.98 million troy ounces, equivalent to 61.5 million tons.
The sustained flow of purchases is explained by the liquidation of exports from the agroindustrial sector and the issuance of debt by private companies.The BCRA estimates that about USD 3.6 billion remains to be received from external placements by companies, which expanded the supply of foreign currency in the official market. According to PwC, in 2025 Argentine companies placed debt for more than USD 20 billion, contributing to the exchange rate stability of that year.
For%202026,%20the%20projections%20official%20place%20the%20net%20purchases%20of%20currencies%20betweenUSD%2010,000%20million%20and%2017,000%20million,%20depending%20on%20rhythm%20of%20remonetization%C3%B3n.The%20holder%20of%20BCRA,%20Santiago%20Bausili,%20indic%C3%B3%20that%20the%20consolidation%C3%B3n%20of%20reserves%C3%A1%20subject%20to%20the%20demand%20of%20pesos%20and%20the%20income%20of%20d%C3%B3lars.%20The%20entity%20already reached%C3%B3%20m%C3%A1s%20of%2014%%20of%20the%20goal%20m%C3%ADnima%20planned%20for%20the%20a%C3%B1o.
The%20BCRA%20established%C3%B3%20a%20l%C3%Admitted%20daily%20of%205%%20on%20the%20volume%20operated%20in%20theMarketo%20Free%20of%20Change%20for%20the%20purchase%20of%20currencies,%20with%20the%20goal%20of%20preserve%20stabilizationd%20change.%20In%20some%20opportunities,%20that%20margin%20was%20overcome, situation%C3%B3n%20that%20sources%20privadas%20link%20to%20operations%20performed%20outside%20of%C3%A1traditional%20%20of%20wholesale%20market.
The monetary authority specified that it is authorized to purchase foreign currency outside the wholesale circuit, negotiating directly with companies or institutions, in order to avoid alterations in the normal functioning of the exchange market.
The%20d%C3%B3lar%20wholesaler%20close%C3%B3%20this%20Friday%20to%20$1,432%20after%20back%20ten%20pesos, equivalent%20to%20a%20low%20of%200.7%,%20with%20%20operated%20volume%20of%20541.9%20million%20of%C3%B3lars.%20This%20value%20represents%20the%20level%20m%C3%A1s%20under%20from%20on%2022%20of%20January.
For%20the%20day,%20the%20Bank%20Central%20established%C3%B3%20a%20band%20upper%20of%20$1,574.05within%20of%20su%20r%C3%A9gimen%20exchange,%20for%20what%20that%20the%20type%20of%20change%20wholesaler%20end%C3%B3a%20142,05%20pthose%20or%209.9%%20for%20below%20of%20that%20top%20of%20free%20float%C3%B3n.%20It%20deals%20ofthemargin%20m%C3%A1s%20broad%20from%20on%2013%20from%20October%20from%20to%C3%B1or%20last,%20when%20reached%C3%B3%20a%2010,2per%20percent.
