With reduced purchases, the Central Bank is betting that dollars from Vaca Muerta and agriculture will bolster reserves.
World1 source1 country🔦 Under-reported7m ago
The Banco Central de la República Argentina (BCRA) has moderated its foreign currency purchases while maintaining confidence in meeting the upper limit of its December reserve targets, anticipating support from the agricultural sector and Vaca Muerta.
In a separate enforcement operation, the Policía Federal Argentina and Customs seized 52 kilograms of MDMA hidden inside an imported vehicle from Belgium at the Zárate Terminal, with an estimated street value of 2.34 million dollars.
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Infobae (Buenos Aires, Argentina) (AR)Focuses on central bank reserves strategy and moderate currency purchases
Infobae (Buenos Aires, Argentina) (AR) (second snippet)Highlights a major federal drug seizure of ecstasy from Belgium