Central Bank reserves reach two-year maximum

The Central Bank took advantage of increased grain sales to purchase 100 million dollars, lifting its international reserves to their highest level since October 2013.

After making its biggest purchase on the markets since the end of June to keep the peso steady, the Central Bank was able to increase the reserves by some 65 million dollars once other commitments were met, sources told ámbito.com. The reserves reached 33.91 billion dollars by the end of trading, continuing an upward trend in 2015 after two years of losses.

Source: Buenos Aires Herald