Por Miguel A. Kiguel
Todos sabemos cómo funciona el cepo, y hemos aprendido a vivir con tasas de interés reales negativas, a usar el dólar Contado con Liqui para eludir los controles...
Demand for dollar bills and portfolio rebalancing in perspective
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Demand for dollar bills and portfolio rebalancing in perspective
Fourth week
May 2019
Generally, as a preventive measure, resident and non-resident investors adjust their portfolios before the elections. These changes are usually translated into an increase of net dollar bills purchases from residents. For many, this is the most familiar concept. But there are also other adjustments which are equally important for the functioning of the foreign exchange market, although they are not so mentioned.
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