The BCRA appeals to the passes to boost the Negotiable Obligations market in pesos

In its quest to boost the local capital market, the Central Bank (BCRA) determined that corporate Negotiable Obligations (ON) that meet certain technical characteristics may be used by banks as collateral to expand their stock of active passes. The measure, the monetary authority itself reported in a statement, Its objective is “to incentivize the local […]

The BCRA appeals to the passes to boost the Negotiable Obligations market in pesos

In its quest to boost the local capital market, the Central Bank (BCRA) determined that corporate Negotiable Obligations (ON) that meet certain technical characteristics may be used by banks as collateral to expand their stock of active passes. The measure, the monetary authority itself reported in a statement, Its objective is “to incentivize the local […]

The BCRA appeals to the passes to boost the Negotiable Obligations market in pesos

In its quest to boost the local capital market, the Central Bank (BCRA) determined that corporate Negotiable Obligations (ON) that meet certain technical characteristics may be used by banks as collateral to expand their stock of active passes. The measure, the monetary authority itself reported in a statement, Its objective is “to incentivize the local […]

Blue dollar today: How much is it trading for this Sunday, June 28, 2020

The blue dollar quote today, Sunday, June 28, remains stable after increasing to $129 at the end of the week. Thus, during the week a weight advanced. In parallel markets, stock quotes They halted the uptrend and ended on the downside on Friday: the dollar Stock Exchange MEP closed in the last round at $102,47, […]

Net purchase of dollars for hoarding grew more than 400% in April

On the contrary, due to the closure at the borders of many countries by the coronavirus, the expenses incurred by card for consumption abroad they recorded a strong 174% contraction in the monthly comparison since in March they had been just below US $ 150 million and in April they fell to US $ 50 […]

Why the CCL dollar and the MEP continue to rise despite BCRA restrictions

The Economist Aldo abram, in dialogue with this medium, stressed that “at the beginning of the isolation, there was a very strong increase in the demand for pesos because people preferred to have cash for fear that ATMs in banks would be depleted; that need with more issue, which was already being produced to meet […]

The monetary mass had its greatest growth since the end of convertibility

The Central Bank (BCRA) reported this Friday that the current in public possession grew in April by 8.5% in real terms. Through its Monthly Monetary Report, the entity chaired by Miguel Ángel Pesce indicated that in the last month the broad private M3 aggregate, which includes payment methods and time deposits, reached –In seasonally-adjusted terms– […]