Dollar deposits reach a record since Convertibility, but banks say that savings 'under the mattress' have not yet arrived
Dollar deposits in Argentina have hit a historic high of over $39 billion, but banks indicate that savings held outside the banking system have yet to be brought in.
What they are asking for: banks hunt for "mattress dollars," though there are still few deposits
Banks in Argentina are launching campaigns to attract under-the-mattress dollars amid limited deposits since the introduction of a fiscal amnesty.