Central Bank reserves fell more than US$ 200 million and the official dollar scaled back

Santiago Bausili detailed in Washington the gradual transition towards a free floating scheme of the Argentine exchange rate.

The data correspond to the year 2024. The directory approved the accounting statements. The entry Lowered the Central Bank's liability and raised the reserves was first published in #BorderJournalism.

It was announced during an intervention in the framework of the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB). Luis Caputo visits the IMF before the first review of the new disbursement The President of the Central Bank of Argentina, Santiago Bausili, insisted this Wednesday, 10 days after the so-called exchange rate quota was put to an end, that the goal of the Argentine authorities is that the dollar will eve…

The holdings of the monetary authority closed downwards in a day of considerable volume in the exchange market. Why the Central cannot buy dollars. Santiago Bausili's forecast about "free floating". Read more

The government’s intention to “plan” the exchange rate to the floor of the exchange rate band of $1000/u$s this Wednesday found its first stumbling block. The Central Bank (BCRA) lost 216 million dollars today to the need to supply foreign exchange to importers, who in the last few days had been relegated from the free and single exchange market (MULC). The counterpart of that foreign exchange outflow is that the main foreign exchange generating…

A few weeks after launching a new system for the dollar on the market of the agreement with the International Monetary Fund (IMF), the President of the Central Bank, Santiago Bausili, said Wednesday from the United States that the exchange rate scheme “will go to free flotation.” By participating in the meetings of the IMF and the World Bank held in Washington, the national official explained the scope of the gang system and anticipated how the …