The Central Bank of Argentina (BCRA) executed a significant intervention in the foreign exchange market on Monday, purchasing US$280 million in a single session.
This volume represents the largest daily buy-in since May 28 and effectively matches the total accumulated in the six preceding auction rounds combined.
The aggressive intervention coincided with a stabilization of the retail dollar, which closed at 1,405 pesos, a decline of five pesos from the previous trading day.
The move signals a renewed effort by Argentine authorities to manage liquidity and anchor expectations in the local currency market.
By matching the cumulative volume of the prior week in a single day, the central bank demonstrated a willingness to absorb dollar supply directly rather than relying solely on gradual accumulation.
This approach aims to reduce volatility and prevent speculative pressure on the peso.