Central Bank Buys $12M but Reserves Drop $58M to $50.411M

Argentina's central bank purchased US$12 million in the FX market, yet gross reserves fell by US$58 million to US$50.411 million, indicating continued reserve depletion. The purchase was modest, following the year's lowest daily buy of US$5 million, suggesting persistent external pressures or debt payments. This signals ongoing fragility in Argentina's external position.