The Demand for Dollars Remained High, Although It Fell in Amounts
8 Articles
8 Articles
For the second month, 1.7 million Argentines demanded foreign exchange; they were barely 100,000 less than at the peak of the dollarizing process of the previous election in 2025.
The Argentines bought USD 2,853 million in banknotes during August, according to the latest report on the evolution of the exchange market disseminated by the Central Bank (BCRA). The amount represented a decrease compared to July, but it was ranked as the second highest record of 2026. In total, 1.7 million people acquired foreign exchange during the month, while 734,000 others carried out sales operations for about USD 390 million. Thus, net p…
Some 1.7 million people bought foreign currency in the official market. The volume fell almost USD 500 million compared to July, when the peak of 2026 was recorded. The demand for Argentine dollars was moderated in August, although it remained at high levels. People bought USD 2.853 million in banknotes through [...]
Argentines bought USD 2.853 million in August, the second highest amount of the year.
Although it was attenuated, probably due to seasonal factors, Dollarization continues with strength. About 1.7 million people bought physical currency in the exchange market in August for $2,853 million. It turned out to be the second highest volume of the year, after the $3,319 million in July, a month in which he played hard...
This is the second highest of the year, after the peak recorded in July, according to the Monetary Authority’s Change and Change Market Evolution Report. Read more
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