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Argentina’s central bank makes biggest daily dollar sale in six years to curb peso slide

Argentina’s central bank has carried out a large sale of U.S. dollars in six years.

Argentina’s central bank sold $678 million in a single day the largest such intervention in six years to stabilize the peso amid political uncertainty. The move brings total sales over three days to $1.1 billion, as the peso hovers near historic lows and investor confidence wanes ahead of October midterm elections. Analysts warn that continued dollar sales could deplete reserves and threaten debt payments, with only $6 billion in net reserves available.

Read more:

https://www.reuters.com/world/americas/argentinas-central-bank-makes-biggest-daily-dollar-sale-six-years-curb-peso-2025-09-19/

Tagged: Argentina economy