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The scheme will come into effect in November and is expected to move about $2 billion during the first year. The Executive Power has set limits on the percentages to invest in sub-sovereign and corporate bonds, as well as restrictions based on credit ratings.
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BCRA purchases exceeded $14 billion barrier in 2026
The monetary authority purchased $82 million and closed August with a weekly balance of $256 million, although reserves fell by $1.069 billion and dropped below $50 billion. The data came in a session with a stable wholesale dollar, futures almost unchanged, and rates in pesos rising again.
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