# Argentina's Central Bank: No Currency Run Expected in 2027

> Argentina's central bank says no currency run is expected in 2027 despite election volatility.
- Title: Argentina's Central Bank: No Currency Run Expected in 2027
- Summary: Argentina's central bank says no currency run is expected in 2027 despite election volatility. Argentina's Central Bank states no currency run is expected in…
- Keywords: central bank, argentina, currency run, presidential elections, javier milei, monetary policy, news, Argentina's, Central, Bank, Currency, Run
- Source: Buenos Aires Herald — https://buenosairesherald.com/economics/no-currency-run-is-expected-in-2027-says-argentinas-central-bank
- Author: Juan Marcos Pollio
- Published: 2026-10-30T21:16:31+00:00
- Read time: 1 min
- Topics: central bank, argentina, currency run, presidential elections, javier milei, monetary policy, news
## Central Bank Report Preview
Officials at the Central Bank of the Argentine Republic provided key insights into economic activity, inflation and monetary policy challenges as the country heads into next year.
## No Currency Run Projected
BCRA President Santiago Bausili stated the Central Bank has no projections of a currency run for 2027, despite presidential election volatility.

> We have no projections of a currency run. We don’t make those kinds of projections
## Dollarization Concerns
Officials declined to predict the scale of potential currency market turbulence or identify which policy instrument the Central Bank would deploy first.

> It depends on the nature of the shock
## Currency Swap Agreements
The $5 billion currency swap with China remains in effect, while the $20 billion agreement with the United States is in force but not activated.
## Economic Recession and Recovery
Argentina entered a technical recession in the third quarter but forecasts a rebound in economic activity in the final quarter of 2026.

> Once agricultural activity returns to normal and the temporary factors that affected the economy in July dissipate, GDP is expected to post a significant increase in the fourth quarter
## Gold Reserves Transfer
Part of Argentina's gold reserves were transferred to London for the Bank for International Settlements (BIS) to monetize and generate better returns.

> What we have is an electronic certificate issued by the BIS confirming that holding
## Key takeaway

Argentina's Central Bank states no currency run is expected in 2027 as it prepares for presidential elections.