BCRA buys $340 million in seven sessions

The Central Bank of Argentina (BCRA) added $69 million to its foreign exchange reserves through market interventions on October 9, 2026, representing 10.5% of total volume traded during the session. The operation brought total reserve purchases across the first seven trading sessions of October to $340 million, nearly triple the $112 million acquired over the same period in September.

The increase in purchases took place alongside a 20% decline in traded volume, which dropped from $4,557 million to $3,643 million across the comparative opening periods. The $340 million purchased represents 71.8% of the $473 million acquired during the entire month of September, when monthly accumulation reached its lowest level of the year.

A research report by Invertir en Bolsa (IEB) stated that expected foreign currency inflows for the fourth quarter total $13,600 million, including $9,000 million from agricultural exports and $4,600 million from corporate bonds and sub-sovereign issuances. The National Treasury holds about 8 trillion Argentine pesos deposited at the central bank, which could be used to purchase reserves directly from the monetary authority.

In the wholesale exchange market, the US dollar closed at 1,508 to 1,517 Argentine pesos per unit, rising 1.50 pesos from the previous close, according to market trader Gustavo Quintana of PR Mercados. Year to date, BCRA net purchases reached $14,908 million, which is 13.5% below its 2026 projection target of $17,000 million.