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Officials at Argentina's Central Bank (BCRA) reassured the public that no currency run is anticipated in 2027. During the presentation of the Monetary Policy Report (IPOM) for the third quarter, BCRA President Santiago Bausili and Vice President Vladimir Werning addressed various economic and policy concerns. While journalists inquired about potential foreign exchange volatility during a politically turbulent year, Bausili firmly stated that they do not make such projections.

The BCRA President also emphasized that the Central Bank has a repertoire of policy tools at its disposal, ready to be deployed as needed. The $5 billion currency swap with China and the $20 billion agreement with the United States are both still in effect, although the latter operates under a different arrangement and has not yet been triggered.

Despite the contraction of the economy in the third quarter, which placed Argentina in a technical recession, officials forecasted a rebound in economic activity during the final quarter of 2026. This recovery would be driven by the return of normal agricultural activity and the dissipation of temporary factors that impacted the economy in July.

However, the report warned that economic growth could be hampered by the reduced number of working days in November due to public holidays surrounding Pope Leo XIV’s visit. Remarkably, Bausili also disclosed that part of Argentina's gold reserves had been transferred to London for investment purposes, although he did not disclose the exact amount or the current location of the gold.