Tuesday , June 15 2021

The BCRA warned that it absorbed the surplus liquidity of the market



The central bank said Monday it would absorb the surplus liquidity of the financial market, but in the last two days it has not seen large problems due to the rise of the dollar.

Guido Sandleris, the source of the entity that directs the bank, emphasizes that "the money market remains monitored to absorb excess liquidity."

However, they have emphasized that the market is calm and that Leliq's total maturity is reflected, especially with a change of resolution of 61.23%.

In addition, the BCRA reported on the foreign market situation in October, with real sector companies selling outside foreign currency with approximately US $ 1,400 million.

Within this group, the major supply of "food and grain" supplies in the historic sector accounted for a net sales of $ 1,300 million, a fall of 21% year-on-year. The main crops of this year's harvest.

In October 2017, the difference in net sales of $ 2.2 billion meant, above all, the slowdown in imports over the last few months.

In addition, "Human persons", basically foreign currency and foreign travel, bought a $ 900 million network, the minimum level, the flexibility of the regulations for December 2015, and less than half the level in October 2017


Source link