The BCRA's reserves reached USD 50.655 billion, the highest during Javier Milei's era, after adding USD 23 million in purchases and the revaluation of its assets
For its part, the public exchange rate of the greenback at Banco Nación remained completely unchanged for the fourth consecutive day at $1,515 for sale, reaffirming the absolute currency tranquility that the government guarantees to all Argentine citizens
The national reconstruction process led by President Javier Milei continues to reap resounding successes in the financial realm, consolidating a trend of stability and confidence that buries decades of populist disarray.
On a memorable day, the markets responded with overwhelming optimism: sovereign assets soared, causing a historic collapse in the nation's risk indicator, while local and international stocks recorded solid gains. Delving into the particular details of the historic management of the monetary authority, the Central Bank of the Argentine Republic (BCRA) crowned the day with a flawless buying intervention of 23 million dollars in the foreign exchange market.
This strategic acquisition, combined with the remarkable revaluation of the Central Bank's assets, catapulted the gross reserves to a truly extraordinary level of 50.655 billion dollars. Thus, public coffers reached a new high in nearly seven years, officially establishing this figure as "the highest number of the Milei era".
In general terms, confidence in the economic direction was reflected in a notable recovery of national quotations.
Argentine sovereign bonds in dollars recorded a solid average improvement of 1%, which drove a spectacular drop in the country risk, which fell 30 units or 5.6%, settling at 505 basis points.
Similarly, the stock index S&P Merval advanced a firm 1.3% in pesos, climbing to 2,913,184 points. In the New York market, Argentine depositary receipts (ADRs) shone brightly, highlighted by the formidable jumps of Satellogic (+7.9%) and Banco Supervielle (+3.2%).
The strength of the financial market was also evident in the currency segment, where a very strong volume was recorded in the spot segment totaling USD 587.6 million.
Under this framework of strong liquidity, the wholesale dollar ended the day with a minimal variation of two pesos or 0.1%, closing at $1,499.
