• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Argentina's central bank tops USD 1.2 billion in October purchases as reserves hold above USD 50 billion

FinanceInternationalInfobae40 s readAI summary
Image: Infobae

The Central Bank of Argentina bought USD 42 million on Friday and has accumulated USD 1.253 billion in October, nearly three times what it acquired in September. Gross international reserves stood at USD 50.203 billion. Since January 2026, the institution has accumulated purchases of USD 15.821 billion, more than 50% above the USD 10 billion annual target under the IMF agreement. The government expects to close the year with purchases close to USD 20 billion.

In 40 seconds

  • The BCRA bought USD 42 million on Friday and has accumulated USD 1.253 billion in October, nearly triple September's figure.
  • Gross international reserves closed at USD 50.203 billion, up USD 37 million from the previous day.
  • Purchases since January 2026 total USD 15.821 billion, more than 50% above the USD 10 billion target in the IMF agreement.
Read the full story at Infobae

IASummary generated by artificial intelligence from a story by Infobae. It may contain errors: the original source prevails.

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