VOICED : Argentina pierde USD 2.000 millones en re

VOICED : Argentina pierde USD 2.000 millones en re

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Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

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Quizizz Content

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Argentina has lost over $2 billion in monetary reserves this year due to loans to the government for debt cancellation and daily currency management. The Banco Central's reserves are now at $28.52 billion. The country, isolated from global capital markets, relies on official entities for treasury financing. The demand for dollars increased after the partial lifting of exchange controls, with nearly 76,000 foreign currency purchase operations totaling $41.5 million. Only small savers, workers, professionals, and small property owners can buy up to $2,000 monthly, limited to 20% of their declared income.

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3 mins • 1 pt

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