Argentina's Central Bank Makes Biggest Dollar Buy of 2026
4 Articles
4 Articles
Argentina's Central Bank Makes Biggest Dollar Buy of 2026
Key Points — The BCRA purchased $281 million in the official FX market on April 9 — its largest single-day acquisition of 2026 — as the Milei government accelerates cepo relaxation and pushes liquidity into the system to lower rates — The wholesale dollar closed at 1,381 pesos (−6.50), the CCL at 1,478 pesos, and […] The post Argentina’s Central Bank Makes Biggest Dollar Buy of 2026 appeared first on The Rio Times.
This Thursday, April 9, the Central Bank of the Argentine Republic (BCRA) ordered a series of modifications with respect to the exchange rate. On the one hand, it flexed rules for the income and output of dollars. On the other hand, they extended the restrictions for the cross operations with dollar MEP and CCL. Through the...
Buenos Aires, 9 April (NA)-- The Central Bank (BCRA) eliminated various restrictions on the exchange rate, benefiting the flexibility in exports and debt payments. The entity that presides Santiago Bausili introduced new rules with benefits to individuals and companies. In the case of the former, the requirement to liquidate the remaining currencies of export of goods is eliminated. The limit of US$50 that they have to extract, by credit card, a…
The monetary authority advances with reliefs for exporters, companies and travelers, in a scheme that seeks to facilitate transactions without disarming foreign exchange control.
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