Group 1 - Argentina has implemented new liquidity measures to curb the sell-off of the peso, leading to tensions between President Milei and the banking sector [1] - The new regulations require banks to meet reserve requirements daily instead of monthly, which is seen as inefficient and costly by bankers [1] - The tensions began at the end of July when the government decided to issue local currency debt to withdraw pesos from the market, aiming to suppress the demand for dollars [1] Group 2 - The peso depreciated over 12% in July, marking its worst performance since President Milei took office in December 2023 [1] - This move has resulted in liquidity tightening, pushing real interest rates into double digits [1] - Subsequently, the central bank ordered banks to meet reserve targets daily and raised some reserve ratios, forcing banks to compete for pesos in a tight liquidity environment, which has increased financing costs [1]
阿根廷新流动性措施致米莱与大型银行关系紧张
Xin Hua Cai Jing·2025-08-20 14:18