In the first full month after the flexibility of the stocks, One million people bought dollars for treasury in May, for US $ 2,262 million, which constitutes a new monthly record since 2019. The data that arise from the evolution of the exchange market and exchange balance of the Central Bank (BCRA) of the fifth month of the year.
In the fifth month of the year, “human people” They bought tickets for US $ 2,262 million and made sales for US $308 million. As for the number of people who operated, 1 million individuals bought tickets, while some 524 thousand sold, the BCRA said.
In this way, Net purchases of dollars from savers arrived au $ 1,954 millionaccording to the data of the published exchange balance.
On the other hand, net expenses were recorded for Expenses for travel, tickets and other consumptions made with cards With non -resident suppliers by U $ S770 million (Of which more than 70% would have been canceled with funds in foreign currency), slightly above the amount registered in April (US $ 765 million).
Recall that on April 11, the BCRA arranged through the communication “A” 8226 the Lifting exchange restrictions for human people, which since then can acquire foreign currency without limits of amount or destination.
Additionally, in coordination with the monetary authority, the Customs Collection and Control Agency (ARCA) eliminated the existing tax perception for this type of operations.
Financial account deficit
For its part, The financial account of the “non -financial sector” registered a deficit of US $ 1,433 million in May. This result is mainly explained by net expenses for external asset formation (FAE or “capital leak”) for US $ 326 million, partially compensated by the net income of financial loans and credits for US $ 1,247 million.
FAE expenses corresponded to Net tickets for $ 1,747 million and net currency for US $ 1,479 millionof which US $ 324 million were exchange operations (transfers of local deposits abroad without impact on the change market), the BCRA said.
In turn, the currency result was mainly explained by the net expenses of “human people” for US $ 1,526 million, while the tickets were explained by the net purchases of human people for US $ 1,954 million, partially compensated for net sales of legal persons for US $207 million.
“It should be noted that, part of the funds acquired and registered in the ticket account They are deposited in local accounts or can be used later for the cancellation of consumption with cards in foreign currency and not necessarily constitute formation of external assets as the final destination of these funds “clarified the BCRA.
In a reciprocal way, in terms of currency expenditures, they can be subsequently traded in the stock market and be destined to cancel liabilities with the exterior (for example, for external commercial or financial debt payments or profits and dividends), the monetary authority added.
Regarding the records under the concept of “exchange operations for transfers to the outside”, they are explained mainly by the counterpart of income from Consumption of non -resident tourists with cards and income from abroad to local accounts in foreign currency of external free availability assets.
Source: Ambito
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