Argentina’s central bank extends dollar-buying streak, pushing reserves to a Milei-era high

Argentina’s central bank extends dollar-buying streak, pushing reserves to a Milei-era high

Argentina’s central bank (BCRA) posted another net purchase in the foreign-exchange market on Thursday, buying US$52 million and logging a 19-session streak of net buying, according to figures reported by local media. Over that run, the bank accumulated US$1.134 billion, while gross reserves rose to US$46.24 billion, the highest level since 2021 and the strongest reading since President Javier Milei took office.