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BCRA Lost US$1.023 Million in Gold: The Warning for Venezuela📊 A report that shakes up the Central Bank of Argentina
The Office of the Auditor General of the Nation (AGN) brought to the table an episode that should be read with close scrutiny across the entire region: the Central Bank of the Argentine Republic closed 2025 with a loss of US$1,023 million after a series of financial derivative operations backed by gold from its own reserves. The institution bet on a specific trajectory for the international metal price, got the calculation wrong, and the bill ended up being paid with the country’s foreign currency.
BCRA Lost US$1.023 Million in Gold: The Warning for Venezuela
📊 A report that shakes up the Central Bank of Argentina
The Office of the Auditor General of the Nation (AGN) brought to the table an episode that should be read with close scrutiny across the entire region: the Central Bank of the Argentine Republic closed 2025 with a loss of US$1,023 million after a series of financial derivative operations backed by gold from its own reserves. The institution bet on a specific trajectory for the international metal price, got the calculation wrong, and the bill ended up being paid with the country’s foreign currency.
The Office of the Auditor General of the Nation (AGN) brought to the table an episode that should be read with close scrutiny across the entire region: the Central Bank of the Argentine Republic closed 2025 with a loss of US$1,023 million after a series of financial derivative operations backed by gold from its own reserves. The institution bet on a specific trajectory for the international metal price, got the calculation wrong, and the bill ended up being paid with the country’s foreign currency.
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🇦🇷 Javier Milei denounced «the scam of counterfeit money to finance high-level politics». The president of Argentina presented a reform of the Charter of the BCRA and announced a «fiscal leash» for Congress.
#BCRA #JavierMilei #argentina #fiat #Macro $BTC
🇦🇷 Javier Milei denounced «the scam of counterfeit money to finance high-level politics». The president of Argentina presented a reform of the Charter of the BCRA and announced a «fiscal leash» for Congress.
#BCRA #JavierMilei #argentina #fiat #Macro $BTC
#BCRA #JavierMilei #argentina #fiat #Macro $BTC
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