Almost $ 10,000 million were withdrawn in a month

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Buenos Aires, 19 (NA) – Some $ 9,975 million were withdrawn by the Argentines from the financial system in a month, in the middle of the exchange run unleashed on August 12. On Friday, August 9, the historical record level of deposits in US dollars by the private sector had been recorded since the exit of the convertibility, standing at about US $ 32.5 billion, according to data from the Central Bank.
But with the collapse initiated the following Monday by a run -which was first exchanged with a 32% jump in the price of the dollar and then became a bank- it was reached on September 12 (last official available data of fall) with a stock of $ 22,525 million.
Meanwhile, the total deposits in hard currency in the financial system – which also includes dollars that have saved provinces, municipalities and other official dependencies of the State – fell from US $ 35,243 million on August 9 to US $ s 25,204. This decrease was US $ 10,039 million, equivalent to 28.5% of the total stock.



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http://www.diarionorte.com/article/183573/fueron-retirados-casi-us-10000-millones-en-un-mes

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