The entries were made in 28 days against maturities of $1,575 billionwhich represented a firm reduction in business with the release of $1,549 billion.
The Argentine central bank (BCRA) took $28,648 million pesos (about US$78.9 million) on Tuesday. in Liquidity Letters (Leliq) with an unchanged rate of 133% per year. With these values, they only renewed 1.5%. Leliqs’ new stock is $4.8 billion. This was the last tender of the Government of Alberto Fernández.
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The entries were made in 28 days against maturities of $1,575 billionwhich represented a firm reduction in business with the release of $1,549 billion.
The elected Argentine president, Javier Milei, will take office on Sunday after a campaign with the promise of dollarizing the economy and eliminating the BCRA.with the immediate implementation of a “shock” plan and the liquidation of the “Leliq” because they were considered inflationary.
Source: Ambito
