Reservations under the magnifying glass: Luis Caputo confirmed that the National Treasury bought $ 200 million in the market

Reservations under the magnifying glass: Luis Caputo confirmed that the National Treasury bought $ 200 million in the market

This possibility had already been advanced by the official weeks ago while the discussion of the reserves of the monetary authority, which would not meet the IMF’s goal.

Mariano Fuchila

The Minister of Economy, Luis Caputo, confirmed that the National Treasury bought US $ 200 million last weekwhich went to reinforce the reserves of the Central Bank (BCRA).

This possibility had already been advanced by the official weeks ago in dialogue with a streaming while the discussion of the monetary authority reserves, which would not meet the goal of the International Monetary Fund (IMF). A mission of the multilateral credit agency is in the country to carry out the first review of the new agreement.

The International gross reserves of the monetary authority rose in the last five wheels US $ 1,380 million, With the impact of the last bond that contributed U $ S500 million. They ended this Thursday at U $ S41,528 million.

Luis Caputo confirmed that the treasure bought dollars for reservations

Confirmation came through social networks, about a publication by journalist Cecilia Boufflet, who mentioned that the national treasure bought US $200 million. The official said: “TRUE”, In a publication on social networks in response.

The operation had been warned by financial operators from greater volume transactions to the usual that had been registered in the exchange square.

The purchase was made by the national treasure with money from the primary surplus, as Caputo had advanced. These types of operations are carried out “by blocks” that is, for a certain sum of money that, for example, can offer a bank or a company or province that sells dollars in the market.

This intervention also justifies the increase of the dollar in recent days whose official price reached $ 1,191.50.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts