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

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Officials at the Central Bank of the Argentine Republic (BCRA) provided key insights into economic activity, inflation and the challenges facing monetary policy as the country heads into next year.

The remarks came during the presentation of the Monetary Policy Report (IPOM) for the third quarter, which was attended on Thursday by BCRA President Santiago Bausili and Vice President Vladimir Werning.

The press conference was announced earlier that same day, catching both insiders and outside observers by surprise, as the IPOM is published quarterly and the previous edition was released on August 6.

No currency run expected, but tools are in place just in case

One of the questions raised by journalists concerned the possibility of further episodes of foreign exchange volatility in 2027, a year marked by presidential elections in which Javier Milei will seek reelection.

“We have no projections of a currency run. We don’t make those kinds of projections,” Bausili replied.

Officials were also asked about the possibility of a repeat of last........

© Buenos Aires Herald