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Argentina: Dollar soars despite Central Bank and US Treasury interventions

The Argentine financial market saw significant intervention by both the Argentine Central Bank (BCRA) and the US Treasury on Tuesday to prevent the wholesale dollar from piercing the ceiling of its official exchange band of AR$1,491. The BCRA sold US$45.5 million in reserves to cap the price.

Source: https://en.mercopress.com/2025/10/22/argentina-dollar-soars-despite-central-bank-and-us-treasury-interventions?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

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