BCRA posts lowest weekly dollar purchases of 2026

The Central Bank of Argentina (BCRA) purchased 5 million dollars on 11 September 2026 through market interventions. This marked its lowest daily acquisition since starting its reserve accumulation program this year, excluding three sessions without purchases. Over the entire week, the central bank bought 42 million dollars, setting its lowest weekly volume of 2026 and falling below the previous low of 111 million dollars seen in early August.

Friday's purchase represented 0.6% of the 835 million dollars traded in the spot market, according to analyst Javier Giordano of CFA. The result came well below the central bank's daily average for the month, which stands at 14 million dollars across 123 million dollars acquired so far in September. Total spot volume jumped 52% compared to the prior session, reaching roughly 2,700 million dollars for the full week.

Total weekly market turnover was roughly equal to early August levels, when central bank purchases were 2.6 times higher. Stronger private sector demand absorbed the currency supply, which operators noted was not linked to a surge in imports. In the foreign exchange market, the wholesale dollar weakened toward the close to finish at 1,508.50 pesos, according to Nicolás Merino of ABC Cambios.

The BCRA has accumulated 14,218 million dollars in net purchases so far in 2026. However, rising private demand has reduced the excess dollar supply that the institution relies on to rebuild its reserve holdings.