Deposits in dollars rebound: more than US $ 3,900 million grow from the end of the exchange rate

Deposits in dollars rebound: more than US $ 3,900 million grow from the end of the exchange rate

After the removal of the exchange rate for natural persons, the deposits in dollars of the private sector grew more than US $ 3,900 million in three months.

Depositphotos

Since the elimination of the stockpile for natural persons in mid -April, the stock of dollar deposits of the private sector experiences a sustained recovery. According to the latest data from Central Bank (BCRA)as of July 22, the level reached US $ 32,965 million, which implies a rise of US $ 3,918 million compared to the annual minimum of U $ 29,047 million Registered on April 11.

This growth of 13.5% in just over three months It marks a change of trend after a stage of fall that began in December 2024, after the fiscal laundering peak, when the deposits came to overcome the U $ 34,000 million. Since then, the setback was progressive to the bottom in April.

So far in July, the trend deepened. Between 1 and 22 of the month, deposits increased in U $ S1,959 millionwhich represents an increase in 6.3% in just three weeks. If the look at the last bimester is extended, since May 22, growth totals US $ s2,421 millionequivalent to an improvement of 7.9%.

100 dollars

So far in July, deposits increased by US $ 1,959 million

So far in July, deposits increased by US $ 1,959 million

Most, in savings boxes

The segment that grew the most was that of dollars saving boxesthat to July 22 they added U $ 26,091 millionin front of U $ 24,543 million June 19. This represents an increase in US $ 1,548 million In just over a month.

A relevant fact is that More than half of that increase corresponds to deposits greater than one million dollars. That segment went from U $ S4,578 million AU $ S5.423 millionwhich is equivalent to 54.6% of total growth in savings boxes. His participation in the total increased from 18.7% to 20.8% In just a month.

If the period between May 22 and July 22 is considered, the level of concentration is even more noticeable: the 72.8% of growth in savings boxes I came from placations above one million dollars.

Fixed deadlines also upload dollars

This behavior is also reflected in the Fixed deadlines in dollarswho grew up at US $546 million In the same period. The striking thing is that deposits greater than one million increased by US $580 millionindicating a contraction or stagnation of minor placements.

The rebound, therefore, would be being mainly driven by institutional or high -assets investorsin a context of greater financial trust after the end of exchange restrictions.

Source: Ambito

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