The BCRA bought dollars every day in February and acquired US$1555 million in the month
The Central Bank of Argentina has consistently purchased US dollars every day in February, totalling US$1555 million during the month, which is a significant increase in foreign reserves.
The city transferred US$588 million from its latest debt issuance and increased the Central Bank's reserves
The Autonomous City of Buenos Aires completed the transfer of US$588 million from its recent international debt issuance to the Central Bank, enhancing its currency reserves.
Caputo is on the hunt for 'argendollars' for US$2 billion: why it will be in "mini-installments"
Luis Caputo is reviving a plan to raise US$2 billion through a new hard-currency bond to help refinance debt payments amidst pressure on Argentina's reserves.
Why isn't the value of the Syrian lira rising despite available gold reserves?
The Syrian lira's value remains stagnant despite significant gold reserves, as economic experts highlight that other factors play crucial roles in currency valuation.
The Central Bank bought heavily again and has already acquired more than US$2000 million this year
Argentina's Central Bank has purchased over US$2000 million in foreign currency this year, including US$141 million in a single day.
Less dollars, more gold: central banks redraw their reserves
Central banks worldwide are significantly increasing their gold reserves amidst rising geopolitical tensions and volatility in currency markets.
βCurrency Defenseβ Leads to Two-Month Decline in Foreign Exchange Reserves in January
Korea's foreign exchange reserves decreased for the second consecutive month in January, primarily due to measures taken to stabilize the market amid rising exchange rate volatility.
With the dollar calm due to carry trade, BCRA's purchases in January went to debt payments and did not strengthen reserves
The financial strategy maintained exchange rate stability, but the lack of external refinancing meant that foreign currency income did not improve international reserves.