Argentina’s government intervened in the spot market on Wednesday to stem a slump in the peso, which has now lasted for three consecutive days, according to two people with direct knowledge of the matter.
The government sold more than $450 million, said one of the sources, helping to limit the peso’s decline to 3.1% against the dollar.
The central bank was identified as the seller, though the sources noted that it often acts as the Treasury’s financial agent in the local currency market.
https://www.bloomberg.com/news/articles/2025-10-01/ars-usd-milei-government-sells-dollars-again-as-peso-drops-for-third-day
