Reserves down $196 mn from last week’s close

The Central Bank has been losing $1.66 billion since September 15, the day the super-trap installed. Yesterday the gross reserves closed at $40.84 billion. It estimates that part of yesterday’s fall links to the decline of gold (-1.73%) and the yuan, with the latter having an impact on the total due to the swap with China. The BCRA ended the day in a neutral position, that is, without being a net buyer or seller of foreign currency.

Source: Ámbito