In a round where it has reached the total volume traded on the market 569 million dollars, the central bank has monopolized almost all currencies: bought $539 millionin what was the largest operation in the last six months.
The glass half full shows that with this operation the central has pocketed itself $5.68 billion for the year and surpassed $5,524 million in 2021.
The half-empty glass reflects that with these purchases the Centrale aspires to almost all possible currencies and leaves importers without dollars to operate.
In this round, the soybean dollar contributed 177 million dollars and add 3,035 million dollars in the second batch of this program. There are still three days left to operate, as due to multiple holidays this month, Soybeans has asked the government to allow its liquidation until January 4th.
“The result of the soybean exporters exceeds the commitments made and there are still three days of operations left,” they said from the Palacio de Hacienda.
Of the total soybean dollar, Central held back $1,853 million. In the first round of this program that materialized last September, soybeans liquidated $7.7 billion and Central Farm withheld $5 billion.
But throughout October and November the monetary authority had to separate $1.5 billion to supply a market that ran out of supply after the soy dollar ended.
This was highlighted by the Ministry of Economy “In addition to the liquidation of exporters, the inflow of funds for infrastructure investments was observed in the session, the second largest daily purchase of the year, behind only the session of 29 June”.
Source: Clarin
