The fixed term as well as most instruments in pesos had positive real rates thanks to the drop in inflation and the exchange rate balance.
For the dollar calm, the fixed deadlines They recorded real monthly growth of 5.7%, accumulating three consecutive months of positive results. Along these lines, the fixed term joins the majority of instruments in pesos that maintained a positive real rate against inflation.
According to an LCG report, “the ‘carry trade’ enabled by positive peso rates in real termswhich exceed the ‘crawling peg’ of 2% applied on the official exchange rateexplain this growth process of term placements. Compared to a year ago, the decline is sustained, but to a lesser extent -19% annually,” the analysts say.
On the other hand, when taking into account remunerated deposits in Common Investment Funds (FCI), it also accompanied the growth of fixed terms with a monthly increase of 2.7% in real terms, marking the sixth consecutive month of increases. However, they clarify from LCG, that they show a “slowdown in the rise explained in the search for instruments with higher levels of remuneration”. In year-on-year terms, these deposits showed a real growth of 143.5%.
fixedterm44444444444.png
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
