The Central Bank of Argentina said in a statement issued on Monday that it will adjust its currency exchange rate range mechanism from January 1, 2026, and adjust this range according to the pace of monthly inflation. The statement said that the central bank will also implement a foreign exchange reserve accumulation plan starting next month. Under the benchmark scenario, the plan may cumulatively increase foreign exchange reserves by $10 billion in 2026; depending on whether the increase in currency demand reaches 1% of GDP, the purchase scale may rise to 17 billion US dollars.

Zhitongcaijing · 1d ago
The Central Bank of Argentina said in a statement issued on Monday that it will adjust its currency exchange rate range mechanism from January 1, 2026, and adjust this range according to the pace of monthly inflation. The statement said that the central bank will also implement a foreign exchange reserve accumulation plan starting next month. Under the benchmark scenario, the plan may cumulatively increase foreign exchange reserves by $10 billion in 2026; depending on whether the increase in currency demand reaches 1% of GDP, the purchase scale may rise to 17 billion US dollars.