The Savers Returned to the Dollar: They Bought $1.5 Billion in April, the Highest Level Since the Elections
4 Articles
4 Articles
According to Central Bank numbers, the purchase of tickets almost doubled compared to March.However, on average, it fell 60% compared to the months prior to the elections.The use of dollar cards for trips abroad remains firm.
More than a year after the release of the stocks, the main decision-making engine in the domestic economy was the search for coverage.The rise of the "dollar App" Read more
The savers accelerated the purchase of dollars in April and acquired USD 1.5 billion, the highest monthly amount since October, when the national legislative elections were held.The data comes from the Monetary Policy Report of the Central Bank (IPOM), which showed a rebound compared to February and March, months in which the demand for banknotes had been USD 800 million in each case.The weight lost part of its attractivenessThe movement exposed…
The Argentine Central Bank (BCRA) said that the demand for dollars rebounded again in April. Through its latest Monetary Policy Report (IPOM), published on Wednesday night, the entity that presides Santiago Bausili anticipated that dollarization through the exchange market rose to US$1,500 million in the fourth month of the year, above the average of US$900 million that had been observed in the months following the mid-term elections. Still, the…
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