The Argentinean Reserve bank (BCRA) stated worldwide reserves increased by US$ 1.862 billion in August, closing the month at US$ 48.877 billion.
Throughout August, the increase in global reserves was mainly due to the National Treasury’s foreign currency income for bonds placements for US$ 6.156 billion.
The National Treasury faced US$ 2.032 billion in costs maturities and made cancellations of capital and interest to worldwide companies and holders of other securities denominated in foreign currency for roughly US$ 220 million. In addition, a United States $ 72 million payment was made to the Latin American Integration Association (ALADI).
In August, the National Treasury offered US$ 2.1 billion, and banks and other entities, US $ 362 million. This overall was purchased by private sector customers for US$ 1,903 million through the Single Market and Free of Exchange and by the BCRA for US$ 567 million.
The financial authority tape-recorded a US$ 2,539 million “other web” outflow, which includes the efficiency of reserves, changes in evaluation, the purchase and sale of securities, motions in National Treasury accounts and BCRA’s operations.
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