Central Bank of Argentina

The report on the performance of foreign exchange purchases and sales in the forex market in December 2022 was published.

The heads of the central banks of Argentina and China met in Basel and confirmed that the currency swap agreement has been activated.

Here are the results of December´s survey with the main macroeconomic forecasts on the evolution of selected variables.

This report analyses the development of the monetary base, international reserves and foreign exchange market, among other indicators.

The report on the performance of foreign exchange purchases and sales in the forex market in November 2022 was published.

Monetary Base Total (in million pesos) 01/25/2023	5,245,233
Monthly Inflation December 2022	5.1%
Y.o.y. Inflation December 2022	94.8%
Expected Inflation - REM 12 months MEDIAN (y.o.y.% change) Average top 10 forecasters (y.o.y.% change) December 2022	98.4% 101.1%
Monetary Policy Interest Rate (APR %) (EAR %) 27/01/2023	75.00 107.35
Overnight Reverse Repos Interest Rate (APR %) (EAR %) 27/01/2023	72.00 105.30
7-Day Reverse Repos Interest Rate (APR %) (EAR %) 04/02/2022	32.00 37.58
Early-payment fixed interest rate for UVA early-payment deposits (APR %) 27/01/2023	71.00
Minimum Interest Rate for Natural Persons’ Time Deposits up to $1 Million (APR %) (EAR % for 30-day deposits) 27/01/2023	75.00 107.05
BADLAR Rate in Pesos at Private Banks (APR %) (EAR %) 26/01/2023	69.19 95.76
Retail Exchange Rate (ARS/USD) Com. B 9791 \| Selling rate average 01/27/2023	193.06
Wholesale Exchange Rate (ARS/USD) Com. A 3500 \| Benchmark 01/27/2023	185.63
UVA (ARS with two decimal places, basis 03.31.2016=14.05) 29/01/2023	193.65
Reference Stabilization Coefficient (CER) (2.2.2002=1 Basis) 29/01/2023	76,9281
ICL - Law No. 27,551 (basis 06.30.20=1) 29/01/2023	3,27
BCRA's international Reserves (in million USD) 01/25/2023	42,481