• 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

For the third straight day, Argentina's central bank bought no reserves in the foreign exchange market

FinanceInternationalInfobae40 s readAI summary
Image: Infobae

Argentina's central bank completed three consecutive sessions without buying foreign currency, something that had not happened so far this year, after interrupting a streak of 19 sessions with a buying balance. Gross international reserves closed at USD 50.601 billion, compared with USD 50.580 billion the previous day. The wholesale dollar rose to a new nominal high of $1,541, up 0.3% on the day, in a session influenced by the depreciation of the Brazilian real after the elections in Brazil.

In 40 seconds

  • The BCRA accumulated three straight sessions without foreign currency purchases, an unprecedented situation this year
  • Gross international reserves reached USD 50.601 billion, versus USD 50.580 billion the previous day
  • The wholesale dollar closed at $1,541, up 0.3% on the day and 1.6% so far in October
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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