# Particle: BCRA Bought Big in October Even as Reported Reserves Dropped and Multiple Pesos‑Dollar Rates Persist

> The Banco Central de la República Argentina bought about USD 1.395 billion in the FX market in October, while reported gross reserves fell about USD 1.592 billion to roughly USD 48.6 billion at month-end. Official and parallel peso-dollar rates remain widely separated, with the tarjeta rate near ARS 2,028.

- Date: 2026-11-02 · published 2026-11-02T09:11:10.016Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/75275-particle-bcra-bought-big-in-october-even-as-reported-reserves-dropped-and
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Argentina's peso pressure and dollar demand shape the local currency value of Argentine feed and oilseed exports and import costs, which can affect meal and grain export flows. Analysts warn December pressure could tighten dollar availability, potentially affecting Argentine sellers' pricing behaviour.

## Read by commodity

- USDARS: bearish ▼

## Sources

- particle.news: https://particle.news/story/bcra-bought-big-in-october-even-as-reported-reserves-dropped-and-multiple-pesosdollar-rates-persist

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.