The Central Bank of the Argentine Republic (BCRA) continued its streak of foreign currency acquisitions for the fifth consecutive session, purchasing USD 28 million on Tuesday. This latest intervention has contributed to a significant growth in international reserves, which have now reached their highest level in nearly seven years.
This trend of accumulation marks a notable milestone for the current administration's monetary management. The sustained buying streak reflects the bank's ongoing efforts to bolster its foreign currency holdings, strengthening the country's reserve position to a point not seen since early 2018.
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