Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

No currency run is expected in 2027, says Argentina’s Central Bank

Officials also outlined their forecasts for economic activity in the final quarter of this year and addressed the country’s gold reserves La entrada No currency run is expected in 2027, says Argentina’s Central Bank se publicó primero en Buenos Aires Herald .

The Central Bank of the Argentine Republic (BCRA) has stated that no currency run is anticipated in 2027, addressing concerns raised by journalists during the presentation of the Monetary Policy Report (IPOM) for the third quarter. The IPOM revealed that the economy contracted in the third quarter, placing Argentina in a technical recession, but predicted a rebound in economic activity during the fourth quarter.

Despite short-term volatility, GDP is expected to grow for the second consecutive year in 2026. The BCRA has transferred part of its gold reserves to the Bank for International Settlements (BIS) in Basel for better return on investments, though the exact location and quantity remain undisclosed for prudential reasons.

Written by urgent.news from Buenos Aires Herald's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at buenosairesherald.com →

More in Finance & Markets

More from Friday 30 October →