The Central Bank dropped 10 points the takeover posture in the simultaneous byma and dragged the level of the bond.
He Central Bank (BCRA) accelerates rates and takes them to 25% after the new announcement of the US Treasury and the Dolk fallwhich on the last wheels fell below to $ 1,400 and returned to levels prior to the legislative election in the Province of Buenos Aires.
The monetary entity reduced 10 points to take place in the simultaneous byma and generated a very strong decline in the shortest rates, which accelerates compression in the fixed rate curve.
This Wednesday, the secretary of the US Treasury, Scott Besentgave new details in x of what will be financial salvage to the Argentinaand said that after talking with the government of Javier Milei and the US president Donald Trumpthey are “ready to do what is necessary to support Argentina and the Argentine people.”
Purchase of dollar bonds, Stand-by and SWAP credit for US $20 billion
Likewise, the US official said that the Treasury “It’s ready to buy Argentine bonds in dollars” and that “he will do it according to the conditions.” “We are also prepared to grant a Important Stand-by credit through the exchange stabilization fundand we have held active conversations with President Milei’s team to do so, “he said.
“The treasure is currently negotiating with the Argentine authorities a swap line of 20,000 million dollars with the BCRA”continued the Secretary of State and added: “We work in close coordination with the Argentine government to avoid excessive volatility. In addition, the US is willing to buy secondary or primary government debt and we are working with the Argentine government to end the tax exemptions for producers of raw materials that convert currencies.”
Finally, Besent said that USA “You are willing to buy secondary or primary government debt” and “They are working with the Argentine government to end the tax exemptions for producers of raw materials that convert currencies.”something that already alert agricultural producers After, just last Monday, the government announced that the withholdings would fall to zero for meats, cereals and oilseeds Until October 31 or until reaching US $ 7,000 million in declared sales.
Source: Ambito
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