Faced with the rising dollar, the Central Bank avoided buying foreign currency for the third time this year.

In August 2026, the Central Bank of the Argentine Republic (BCRA) refrained from purchasing foreign currency for the third time this year. The decision by the monetary authority to stay out of the foreign exchange market occurred amidst an increase in the exchange rate for the US dollar.

Despite this pause, the Central Bank maintains a cumulative total of more than USD 14,300 million in foreign currency purchases for the year to date. Concurrently, data from the Central Bank's latest report indicated that public demand for US dollars reached USD 2,853 million in August, marking the second-highest monthly volume of the year.

The August demand figures represent a slight contraction in the purchase of dollars by Argentine citizens, showing a reduction of nearly USD 500 million compared to the totals registered in July.