Argentina’s Central Bank Faces Historic Reserve Drop

In 2019, Argentina’s Central Bank (BCRA) boasted over US$12 billion in net reserves. By November 2023, a stark reversal occurred, with net reserves plummeting to a negative US$11.311 billion. This marks a significant drop of US$23.395 billion over four years. Analysts have derived these figures from BCRA’s published data on gross international reserves. As of […]

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