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The central bank has again lowered its rates



The Central Bank is ready to make good use of it that the exchange rate variables that had hitherto occurred in January intensified the reference rate decline, as it began to analyze whether it expanded its market power.

The subject yesterday approved the largest daily yield reduction Liquidity Letters (Leliq) up to seven days, He has paid for the total $ 160,000 and $ 160,000 the average cutting rate is is at 54.889%.

The reduction in these reference yields in the financial system was 0.75 points percentage of surgery on Tuesday.

This is the first time they fall below 55% of Central He started his aggressive scheme.

when 8 minutes to close the exchange deal, BCRA went out again to buy, albeit in a smaller quantity, because yesterday he got it $ 20 million, not $ 50 million, as I did.

So accumulate acquisitions S510 million dollars since he returned to intervene this month on the square, he provided the continuity of the green card below the band.

The dollar broke the start of the week at the wholesale site, fell again spread the gap with the lower end from the area without intervention, which will be today at $ 37.86.


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