The amount of banking transfers in dollars almost doubled compared to a year ago. The growth of the operation in March was before the release of the exchange rate for individuals, but this happened with the flexibility of control, which the government fulfilled from the beginning of management and in the context of a greater exchange.
The latest data from the Central Bank show that in March the amount of immediate transfers between bank accounts amounted to 1.7 million, which implies growth by more than 90% compared to the same month of last year. The total amount was sent amounted to 2579 million dollars. USA, which implied an increase of 88.5% of the year.
Kaputo measures are surprised by the market and the promotion of the dollar
It should be remembered that the previous government had limited transfers in dollars, with a limitation of only one batch per month. To fulfill two or more in the same month, the bank needed to request a permit that received the amount. Soon after the change of administration, this restriction was eliminated, which contributed to a larger amount of delivery.
“Milei has been released many obstacles to transfers, especially in dollars. For example, the refusal of deposits, when they were suspected of violating the rules on the purchase of foreign currency or extremely strict standards that indicated money laundering, ”says economist Adrin Moreno.
In addition, according to Moreno, the transfer of dollars increased significantly after the capital banker, in which the private introduced more than 23,000 million dollars into the local financial system. The United States in cash at the first stage of the process.
On the other hand, according to the monthly report on retail payments prepared by the Central Bank, in March, the amount of transfers of Peso amounted to 582.6 million, which implied an increase of 28% compared to the same month of last year. The total amount amounted to 53.6 billion dollars. USA, and an interredity increase of 40% in real terms.
As for the compatible QR, the volume of operations also doubled. The official report states that last month, 72.3 million payments were made through this method, which is more than 98% compared to last March. The amount amounted to 1.29 billion, which implies a real rise of 136% of the eight -handed.
55.8% were made by customers who used their accounts in the field of view, while 44.2% used their payment accounts. Meanwhile, 37.4% of stores are accredited in accounts in the form of accounts, and 62.6% did this in payments, in the context, in which 76 interacting digital wallets and 42 acceptors of payments recorded in BCRA.
