Argentina central bank extends FX buying streak, but pace slows sharply

Argentina's central bank (BCRA) bought USD 28 million on September 2, extending its daily purchase streak to 25 sessions, but absorbed only 4% of total market volume, a marked slowdown from prior months. Gross reserves surpassed USD 50 billion, yet the deceleration suggests reduced intervention capacity or shifting market dynamics, which could affect FX stability and inflation expectations.