Argentina's BCRA sold $306 million in dollar-linked notes to contain demand for currency hedging
Argentina's central bank sold $306 million in dollar-linked notes between Monday the 2nd and Tuesday the 3rd, according to a Portfolio Personal Inversiones report: $143 million on the first day and $163 million the next. The operation aims to meet hedging demand from companies and investors without them buying foreign currency in the exchange market. The data follows a week in which country risk topped 900 points and Argentine bonds posted sharp losses.
In 35 seconds
- The BCRA sold $306 million in dollar-linked notes between November 2 and 3, according to PPI.
- Sales were $143 million and $163 million on each day.
- The mechanism allows positions to be hedged without buying dollars in the exchange market.
IASummary generated by artificial intelligence from a story by iProfesional. It may contain errors: the original source prevails.




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