VOICED : Argentina pierde USD 2.000 millones en re

Argentina has lost over $2 billion in monetary reserves in 2023 due to economic tensions. The Central Bank's reserves closed at $28.52 billion, partly due to loans to the government for public debt. The country, isolated from global capital markets, relies on official entities for financing. Reserves are also drained by daily currency management and increased dollar demand after lifting currency controls. Since the new regime, nearly 76,000 foreign currency purchases have been made, totaling $41.5 million. Only small savers and professionals can buy up to $2,000 monthly, limited to 20% of their declared income.

What is one reason for the loss of Argentina's monetary reserves?

• Loans to the government for public debt

• Rise in gold prices

• Increased exports

• Decrease in foreign investments

Why are official entities the only sources of financing for Argentina's treasury?

• Because of self-exclusion from the global capital market

• Due to a surplus in trade balance

• Due to high inflation rates

• Because of increased foreign investments

What event led to an increase in the demand for dollars in Argentina?

• Introduction of a new currency

• Lifting of the currency control with restrictions

• Decrease in interest rates

• Increase in foreign investments

Under the new regime, who is allowed to purchase foreign currency in Argentina?

• Only government officials

• Foreign investors

• Small savers, workers, professionals, and small property owners

• Large corporations

What is the maximum amount of dollars small savers can purchase monthly under the new regime?

• 10,000 dollars

• 2,000 dollars

• 1,000 dollars

• 5,000 dollars