# Now LELIQs support savings of Argentine companies and households | BCRA

> 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.

- Date: 2022-08-22 · published 2022-08-22T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/40323-now-leliqs-support-savings-of-argentine-companies-and-households-bcra
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

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.

## Read by commodity

- USDARS: neutral

## Sources

- bcra.gob.ar: https://www.bcra.gob.ar/en/news/now-leliqs-support-savings-of-argentine-companies-and-households/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.