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2025-12-16 03:13:01
On Monday, the Central Bank of Argentina issued a statement saying that it will adjust its currency exchange rate band mechanism starting January 1, 2026, and will adjust the band according to the monthly inflation rate. It will also implement a foreign exchange reserve accumulation plan starting next month. Under the baseline scenario, the plan may accumulate $10 billion in foreign exchange reserves by 2026. If currency demand increases to the equivalent of 1% of GDP, the purchase scale may rise to $17 billion.
