DOLLAR AND RESERVES: QUESTIONS AND ANSWERS ABOUT THE NEW CENTRAL BANK STRATEGY
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✍️ The Argentine Central Bank (BCRA) announced a new phase of its monetary policy, adjusting the exchange rate bands and implementing a foreign exchange reserve accumulation program.
👉 New phase of monetary policy to provide greater predictability and solidity to the economic scheme 👉 Adjustment of exchange rate bands to inflation 👉 Implementation of foreign exchange reserve accumulation program 👉 Calibration of exchange rate bands to maintain real value of official exchange rate 👉 BCRA to purchase foreign exchange reserves based on demand and liquidity
-- #SantiagoBausili #SalvadorVitelli #PabloGerchunoff #JavierTimerman #GustavoNeffa #FranciscoMattig #MartínTetaz #GabrielCaamaño #AlejandroWerner #TomásBaioni #Argentina #economy
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