Argentina’s central bank reveals international reserves crashed to $26.246 billion on March 27, 2025, the lowest since January 2024. The bank lost $1.087 billion over nine days, including $48 million in the latest session, as President Javier Milei’s reforms struggle against a relentless economic storm. This plunge stems from a scramble to stabilize the peso amid soaring demand for dollars and faltering confidence in Milei’s plan.
March 27, 2025
SOURCE: RIO TIMES
Argentina’s Reserves Collapse Exposes Deep Economic Fault Lines