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BCRA Governor Miguel Ángel Pesce explains the central bank's monetary liabilities and the use of LELIQs as a liquidity tool. He argues Argentina has a strong capacity to generate savings that could be channeled into productive investment.
This is a central bank policy explainer with no direct supply or demand shock for feed commodities. Its effect on grain and meal prices is indirect, through peso stability and Argentine export selling incentives.
bcra.gob.arWinograd ErickAug 22, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
