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8.2
Argentina's FX reserves at 7.4% of GDP, lowest in region, as BCRA purchases slow sharply
La Nación (Argentina)LO·AR · PE · US·3 days ago
Argentina's central bank has accumulated only ~US$203 million in foreign currency purchases so far in September, a marked slowdown from prior months, indicating reduced intervention as the exchange market remains balanced. The slower pace suggests improved supply-demand dynamics or deliberate policy shift, but sustainability is uncertain given thin reserves.