Base Money for Argentina
BASMNYARA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,001,112.81
Year-over-Year Change
1729.84%
Date Range
1/1/1990 - 1/1/2017
Summary
The Base Money for Argentina trend measures the total currency in circulation and bank reserves held by the Central Bank of Argentina. It is a key indicator of the country's monetary policy and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Base money, also known as the monetary base, is the total amount of currency in circulation and the reserves held by commercial banks at the central bank. It is a fundamental component of the money supply and a critical variable for central bank policies and interventions.
Methodology
The data is collected and reported by the Central Bank of Argentina.
Historical Context
Analysts and policymakers use base money data to assess the effectiveness of monetary policy and the overall liquidity in the Argentine financial system.
Key Facts
- Base money in Argentina reached a record high of 2.92 trillion pesos in March 2022.
- The base money to GDP ratio in Argentina was 16.6% as of the end of 2021.
- Argentina's central bank has used base money targets as a key policy tool to combat high inflation.
FAQs
Q: What does this economic trend measure?
A: The Base Money for Argentina trend measures the total currency in circulation and reserves held by commercial banks at the Central Bank of Argentina.
Q: Why is this trend relevant for users or analysts?
A: Base money is a fundamental indicator of monetary policy and overall liquidity in the financial system, making it a crucial variable for economists, policymakers, and market analysts studying the Argentine economy.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the Central Bank of Argentina.
Q: How is this trend used in economic policy?
A: Policymakers and central bankers use base money data to assess the effectiveness of monetary policy actions and manage the overall liquidity in the Argentine financial system.
Q: Are there update delays or limitations?
A: The base money data for Argentina is published regularly by the central bank with minimal delays, providing timely insights into the country's monetary conditions.
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Citation
U.S. Federal Reserve, Base Money for Argentina (BASMNYARA189N), retrieved from FRED.