Circular Monetary Regulations - REMON 1 - 114: Minimum cash reserve rate in national currency

CENTRAL BANK OF THE ARGENTINE REPUBLIC

COMMUNICATION "A" 365
10/08/83

TO THE FINANCIAL INSTITUTIONS:

Ref.: Circular MONETARY REGULATIONS - RE-MON - 1 - 114. Minimum cash reserve rate in national currency

We address you to inform you that this Institution adopted the following resolution:

• To set, as from 11 August 1983, at 100% the minimum cash reserve rate that financial institutions must observe on non-matured non-transferable registered fixed-term deposits at a free rate.

We greet you very attentively.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

Hipólito G. Aparicio
Manager of
Monetary Programming
Horacio A. Alonso
Deputy General Manager