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Buying the dollars by private individuals fell in October: US $ 900 million – 11/26/2018


According to the devaluation of the purchase power made last October bought the dollars by the outside retailers the lowest since the start of stocks: US $ 900 million.

The data comes from the exchange balance distributed by the Central Bank. Last month, the real estate companies were net dealers of foreign currency for US $ 1,400 million. The main sector with a net supply in historical terms – "Seeds of oil and cereals" – has sold US $ 1,300 million, with year-on-year decrease of 21%, produced by the drought.

The rest of the companies in the real estate made a net sale of $ 100 million, "by reversing their historical behavior as net plaintiffs in the market," the report highlights. In addition, it notes that the difference with net purchases of US $ 2,200 million in October 2017 is mainly explained by the breeze on imports from the last few months.

Institutional investors had a net demand of US $ 600 million, who represented one third of the average monthly net outflow they had since the start of the exchange instability last April.

The current exchange account, which includes the exports of goods and services and primary and secondary income in accordance with Balance of Payments definitions, has been recorded a deficit of US $ 374 million, with a reduction of US $ 1,900 million in relation to red numbers from October of the previous year.

Although the "Non-Financial Private Sector" capital and financial account a Lack of US $ 1,300 million, which had a reduction of US $ 2,100 million compared to the first nine months of the month of 2018. This was the result of net outflow lower due to portfolio changes and higher direct investment income from residents' deficit and financial debt .

Due to IMF payments and debt locations, the public sector and Central Bank financial capital and exchange account were remainder of US $ 6.6 billion. This allowed the international reserves to increase US $ 4,952 million. So, October closed with stock of US $ 53,955 million.

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