Auction for the sale of spot foreign currency

Monday, August 13, 2018

Auction for the sale of foreign currency for a total amount of up to US$ 500 million

The BCRA informed financial institutions that tomorrow, Tuesday, August 14 at 2 pm, it would hold an auction for the sale of foreign currency for a total amount of up to US$ 500 million. The settlement date for spot sales will be one business day after trade execution (T+1). Bills will be delivered once the BCRA verifies that funds have been transferred. The auction will be under the same conditions of auctions already held by the BCRA.

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