A cyclical downturn in the global electronics industry has also weighed on exports and investment, particularly in some east Asian economies.
Our intention is to use this economic policy tool as a way of converging toward and not just setting this market reference rate. At present, the pubic sector’s deposits in the Banco de la Nación and other public banks amount to 30 billion pesos. Of the 100 billion pesos deposited in the financial system, a third corresponds to the public sector.