By Finance Pulse in Transformative —

Argentina's Central Bank Sells $599M in Foreign Reserves

Argentina's central bank sold $599 million in foreign reserves, the largest since 2019, primarily to support the automotive industry.

A visually appealing image depicting Argentina's central bank building with a backdrop of automotive
Argentina's Central Bank Sells $599M in Foreign Reserves

Argentina's central bank sold $599 million in foreign reserves in one day, the most since October 2019, mainly to meet the needs of the automotive industry.

Source