The roll-off of Argentina's debt in pesos and the impact of the BCRA transfer to the Treasury

The Central Bank of the Argentine Republic (BCRA) reported that, of the profits obtained in 2024, it handed over to the ARS National Government $11.7 billion, while it allocated the remaining ARS$7.7 trillion to strengthen its capital and replenish reserves that had been lost in 2023.The authorities maintain that these resources will not generate an immediate monetary impact, as they will remain deposited in the BCRA and will be used only for po…