Home » Monetary policy Latest monetary policy releases Communiqué Date The BCRA and the U.S. Department of the Treasury sign a USD20 billion agreement for exchange rate stabilizationOct 20, 2025The BCRA announces measures to strengthen international reserves and consolidate the control of monetary aggregatesJun 9, 2025Beginning of stage 3 of the economic program with relaxation of currency restrictions and an exchange rate to float within a bandApr 11, 2025The BCRA reduced again the monetary policy rateJan 30, 2025The BCRA sets the crawling peg at 1% per monthJan 16, 2025The BCRA reduced again the monetary policy rateDec 5, 2024The BCRA lowers the monetary policy rateNov 1, 2024The BCRA has launched a monetary framework aimed at consolidating price stabilityJul 23, 2024The BCRA has eliminated the endogenous issuance caused by remunerated liabilities, moving forward in the process of balance sheet restructuringJul 11, 2024The BCRA lowers the monetary policy rate and tightens control over monetary programmingMay 14, 2024The BCRA lowers the monetary policy rateMay 2, 2024The BCRA adjusts minimum reserve requirementsMay 2, 2024BCRA’s actions in view of the development of the economic context and liquidity conditionsMar 11, 2024New monetary policy rate and liquidity management schemeDec 18, 2023New monetary and foreign exchange policy frameworkDec 12, 2023The BCRA kept the monetary policy rate unchangedOct 11, 2023The BCRA raised the minimum rate on time depositsAug 14, 2023BCRA increases monetary policy rateAug 14, 2023The BCRA kept the monetary policy rate unchangedJul 13, 2023The BCRA kept the monetary policy rate unchangedJun 15, 2023The BCRA has increased the yield of savings in pesosMay 15, 2023BCRA Updates Monetary Policy RateApr 20, 2023The BCRA raises the yield on time depositsMar 16, 2023Monetary policy release, February 2023Feb 16, 2023Monetary Policy Release, January 2023Jan 12, 2023Monetary Policy Release, December 2022Dec 15, 2022The BCRA will continue monitoring inflation and the forex marketOct 20, 2022The BCRA increases the monetary policy interest rateMar 22, 2022The BCRA redesigns monetary policy instruments to improve the conditions for macroeconomic stabilityJan 6, 2022The BCRA defined its monetary policy guidelinesJan 27, 2020The BCRA kept the monetary policy rate unchangedJan 23, 2020Decisions taken by the COPOMNov 29, 2019Decisions taken by the COPOMOct 30, 2019Decisions taken by the COPOMSep 18, 2019Decisions taken by the Monetary Policy Council (COPOM)Jul 22, 2019Decisions taken by the COPOMJun 3, 2019Decisions taken by the BCRA Monetary Policy CouncilJan 2, 2019The BCRA simplifies minimum cash requirements with no impact on the monetary baseDec 20, 2018The BCRA implements a new monetary policy schemeSep 28, 2018The BCRA keeps its monetary policy rate unchanged at 24.75%Mar 21, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Mar 7, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Feb 21, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Feb 7, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Jan 31, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Jan 24, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Jan 10, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Jan 3, 2017The BCRA keeps its monetary policy rate unchanged at 24.75%Dec 27, 2016The BCRA keeps its monetary policy rate unchanged at 24.75%Dec 20, 2016The BCRA keeps its monetary policy rate unchanged at 24.75%Dec 13, 2016The BCRA keeps its monetary policy rate unchanged at 24.75%Dec 6, 2016The BCRA keeps its monetary policy rate unchanged at 24.75%Nov 29, 2016The BCRA reduced its monetary policy rate by 50 basis points to 25.25%Nov 22, 2016The BCRA reduced its benchmark rate by 50 basis pointsNov 15, 2016The BCRA reduced its monetary policy rate by 50 basis points to 26.25%Nov 8, 2016The BCRA keeps its monetary policy rate unchanged at 26.75%Nov 1, 2016The BCRA keeps its monetary policy rate unchanged at 26.75%Oct 25, 2016The BCRA keeps its monetary rolicy rate unchanged at 26.75%Oct 18, 2016The BCRA keeps its monetary policy rate unchanged at 26.75%Oct 4, 2016The BCRA keeps its monetary policy rate unchanged at 26.75%Sep 27, 2016The BCRA reduced its monetary policy rate by 50 basis points to 26.75%Sep 20, 2016The BCRA reduced its monetary policy rate by 50 basis points to 27.25%Sep 13, 2016The BCRA reduced its monetary policy rate by 50 basis points to 27.75%Sep 6, 2016The BCRA reduced its monetary policy rate by 50 basis points to 28.25%Aug 30, 2016The BCRA reduced its monetary policy interest rate by 50 basis points to 28.75%Aug 23, 2016The BCRA reduced its monetary policy rate by 50 basis points to 29.25%Aug 16, 2016The BCRA reduced its monetary policy interest rate by 25 basis points to 29.75%Aug 9, 2016