Understanding the BCRA’s New Cash Reserve Requirements: Key Changes and Implications
Overview of BCRA Communication “A” 8397 On July 31, 2023, the Banco Central de la República Argentina (BCRA) issued a significant communication labeled “A” 8397. This announcement marks a crucial turning point in the realm of cash reserve requirements mandated for financial institutions operating within Argentina’s financial sector. The BCRA, acting as the regulatory authority, … Read more