Central Bank reserves fell to their lowest level since April

2024-07-18 08:53:24

He Central Bank of the Argentine Republic (BCRA) finished his intervention on Tuesday at the mercado the only change with sales of three million dollars. However, it has accumulated a balance in its favor of US$260 million so far in the seventh month.

According to Guzmán, the latest government measures seek to “prepare the ground for dollarization”

Gross international reserves fell by US$559 million to US$27.613 billion, a minimum since April 30. The debt maturity schedule with the International Monetary Fund foresees the payment of 487.5 million Special Drawing Rights (SDR) for this Tuesday.

On previous occasions, in months when the national administration was facing split payments, it decided to unify them into a single payment at the end of the month. In this case, it is a single payment of US$647 million, Infobae reported.

The “blue” dollar fell again and closed at $1,405 in the city

The blue dollar fell again and closed at $1,405 in the city

The monetary authority has accumulated net purchases in the exchange market for US$17,499 million since December 11 of last year, when the government of Javier MileyAt the same time, the stock of international reserves improved by US$6,404 million or 30.2%, from US$21,209 million on December 7, 2023.

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