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Dollar purchases in private fell sharply in October: 900 million USD – 11/26/2018



The decline in devaluation and purchasing power led to the purchase of dollars by retailers last October. lowest since stock starts: $ 900 million.

The data stemmed from the foreign exchange balance distributed by the Central Bank. Last month, real sector companies became a net seller of US $ 1.15 million. Historically the main sector with net supply – "Oilseeds and grains" – $ 1,300 million, 21% decrease per yearProduced by drought.

In the report, the rest of the companies in the real sector made a net sales of US $ 100 million and "reversed their historical behavior as net plaintiffs on the market". In addition, the US $ 2.200 million in October 2017 states that the difference is mainly explained by net purchases. Brake on imports last months

There was a net demand of $ 600 million, represented by institutional investors. one third The average monthly net outflows they had since the beginning of foreign exchange instability in April.

According to the balance of payments definitions, exports of goods and services and primary and secondary revenues were recorded. $ 374 million openWith a decrease of US $ 1,900 million compared to October of the previous year.

Capital and financial account of "Non-Financial Private Sector" $ 1,300 million openThis fell by US $ 2,100 million compared to the first nine months of 2018. This was due to lower net outflows due to portfolio changes and higher direct investment revenues from non-residents and financial debts.

Due to IMF payments and debt placements, the capital and financial change account of the public sector and the Central Bank gave a surplus of USD 6.6 billion. This allowed international reserves to increase by US $ 4,952 million. So it closed with October stock. US $ 53,955 million.


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