Monday , January 25 2021

Is the rule an exception ?: The treasure sold to the BCRA

The IMF does not force a blind eye to "do some things" means that the Government has too much of its failure to comply with the agreement. On the last day of 2018, the Central Bank registered a $ 43,699 million investment in the Treasury debt portfolio (depending on the day-to-day exchange rate, it would be $ 1,156 million). It is worth the FMI to issue the third and final issue of January ($ 7,627 million) in the price predicted for Christmas. Analysts are not surprised, even though the Treasury used some Fund currencies to cover the fiscal deficit after closing the year. In agreement with the Fund, the Treasury exchange rate should be exchanged to save ordinary expenses, auctions would avoid discretion.

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