The BCRA Bought US$103 Million, Its Largest Acquisition in Almost a Month, but Reserves Fell
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The Central Bank (BCRA) bought US$103 million on Thursday, November 12, in the official exchange market, its largest acquisition in more than three weeks. However, gross international reserves fell US$257 million and ended the day at US$49,073 million, mainly affected by the decline in gold prices. The purchase of...
The Central acquired US$103 million and accelerated the rate of foreign exchange accumulation during November. However, reserves fell back US$257 million, to US$49,073 million, mainly affected by the fall of precious metal. The wholesale dollar rose again and the CCL advanced more than 1%.
The entity broke with the daily average of purchases and has already purchased US$ 183 million.
The wholesale dollar rose $1.50 this Thursday and closed to $1,545.50, recovering exactly what it had lost on the first wheel after five days without operations.While the quote ended unchanged in the balance sheet of both days, the Central Bank accelerated its foreign exchange purchases: it acquired USD 103 million, more than three times as much as Wednesday. However, international reserves fell back and ended at USD 49.078 million.The day began…
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