Central Bank of Argentina

Monthly Monetary Report, June 2025

This report analyses the development of the monetary base, international reserves and foreign exchange market, among other indicators

The BCRA Expands Reverse Repos with International Banks

The amount, arranged with BOPREALs Series 1-D, was USD2,000 million, at an interest rate equal to the SOFR-USD plus a spread of 4.5%.

Termination of Outstanding Liquidity Options

The BCRA and financial institutions have agreed on the termination of all remaining liquidity options on Argentine government securities for an amount of ARS5.9 trillion.

New Measures to Strengthen International Reserves

As part of Stage 3 of the economic program, the BCRA adopted a set of measures to consolidate achievements and to ensure greater predictability in the monetary balance

Non-Financial Credit Providers Report

The BCRA has published the Non-Financial Credit Providers Report for June 2025, which analyzes the evolution of the loans granted by such group of non-financial institutions.

NEWS

06/09/2025
New Measures to Strengthen International Reserves

06/06/2025
Non-Financial Credit Providers Report

06/06/2025
Market Expectations Survey (REM), May 2025

07/07/2025
ADEBA Report on Gross Income Tax on Financial Activities in each Jurisdiction

07/04/2025
Market Expectations Survey (REM), May 2025

06/13/2025

Statistical Bulletin, June 2025

Communications Search Engine

Comparison of Fees, Charges, and Rates

Debtors' Database

Reported Checks

MAIN VARIABLES

Monetary Base Total (in million pesos) 07/16/2025	38,563,168
Monthly Inflation June 2025	1.6%
Y.o.y. Inflation June 2025	39.4%
Expected Inflation - REM 12 months MEDIAN (y.o.y.% change) June 2025	20.8%
TAMAR Rate in Pesos at Private Banks (APR %) (EAR %) 07/17/2025	32,38 37,61
BADLAR Rate in Pesos at Private Banks (APR %) (EAR %) 07/17/2025	30.19 34.71
Interest rate for court use (%) Press Release P 14290 \| Base April 1, 1991 07/19/2025	20,482.5236
Retail Exchange Rate (ARS/USD) Com. B 9791 \| Selling rate average 07/18/2025	1,307.33
Wholesale Exchange Rate (ARS/USD) Com. A 3500 \| Benchmark 07/18/2025	1,283.83
UVA ARS with two decimal places \| Basis 03/31/2016=14.05 07/19/2025	1,533.81
Reference Stabilization Coefficient (CER) Basis 02/02/2002=1 07/19/2025	607.6799
BCRA's international Reserves (in million USD) 07/16/2025	39,554