In gross terms, reserves closed September at US $40,374 million. While, in net terms, they are located around US $ 650 million.
The international gross reserves of the Central Bank (BCRA) sank US $ S748 million This Tuesday, September 30, due to new debt payments and usual end of the month, which are usually compensated at a large part at the beginning of the following month.
Official sources indicated to the scope that during the day More than US $ 12 million were paid between obligations with the CAF, the Birf and the Paris Club. Other US $ 334 million had already been paid on Monday.
In this way, the coffers of the monetary authority ended September in the U $ 40,374 million. In net terms (that is, discounting the lace and SWAP with China), the reserves are around the US $ 650 million.
Even so, In September the BCRA added US $ 408 million. In addition, it is expected that this Wednesday will recover at least a good part of the lost in this wheel, as is the case in each change of month.
Beyond this improvement, it worries that the Government has not taken advantage of in the best way the extraordinary currency flow from the field. Until Monday, The treasure had barely bought 44% of the US $ 4,972 million that the agro -exporters settled In just five days for the fleeting of retentions.
In this context, the exchange pressure was reheated again. The official exchange rate came to touch the $ 1,450, to finally close at $ 1,380 against alleged sales of the BCRA by order of the treasure. Even so, the currency is more than 4% above the closure of last week.
Meanwhile, The gap with the financial has been growing strong since the monetary authority restored cross restriction which prevents “human people”, who buy dollars at the official exchange rate, sell at the MEP and CCL. This decision intended to stop a “rulo” that involved individuals with high firepower, stock market societies and companies, and thus reduce demand in the change market.
As it counter, it was foreseeable that the restriction was going to lead to an increase in the gap. Specifically, eL Sp pread between the wholesaler and the CCL finished the wheel about 12%, when a week ago it was in the 3%area.
Source: Ambito
