The Government Exchanged US$2 Billion in Securities with the Central Bank to Keep the Dollar in Content
10 Articles
10 Articles
It issued two dollar-linked letters to expire at the end of the month and at the end of October; in return, it received a fixed-rate letter
The Ministry of the Economy exchanges bonds in pesos to the Central Bank in exchange for letters linked to the exchange rate.The monetary authority usually uses them to sell on the market and placate exchange tensions.
A debt swap left the monetary authority with letters linked to the exchange rate instead of a title in pesos, to expand its intervention capacity without selling reserves in the run-up to the elections.
The Ministry of Economy approved an exchange of debt with the Central Bank that replaces securities in pesos with instruments linked to the dollar. The maneuver will allow the monetary authority to expand its capacity for indirect intervention in the midst of exchange-rate tensions.
The government gave the Central Bank dollar-linked bonds of up to US$ 2 billion to expand its foreign exchange market intervention capacity. The operation seeks to give more tools to the monetary authority to contain pressure on the exchange rate without resorting directly to reserves. Read more
Economy has concluded an exchange of debt with the Central Bank: it has delivered two dollar-linked letters in exchange for securities in pesos at fixed rate. The operation seeks to expand the ability of the agency to offer in the exchange market.
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