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Caputo Banked the Change in the Exchange Rate Regime and Said that the Reservations “Are Going to Accumulate”

Summary by Filo News
During a presentation at the Córdoba Stock Exchange, the Minister of Economy, Luis Caputo, supported the modification of the exchange rate regime by ensuring that the new policy will generate a higher income of foreign exchange. “There will be a greater income of dollars. I can’t venture to go to the floor of the band, but the dollar will stop worrying. We’re going to a currency competition with a strong weight,” said the former macro official. …
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In a context marked by the fall in retail sales during May, companies from different sectors in Córdoba begin to move their chips with a clear objective: to tempt savers with dollars outside the formal circuit, the so-called “dollars of the mattress”. The operation of this scheme, called the “historical reparation for savers”, was described in Córdoba by the Minister of Economy, Luis Caputo, who on Friday at the Stock Exchange explained the pack…

Víctor Zimmermann spoke out regarding the national government's recent announcement of the plan known as the Historic Savings Repair, aimed at encouraging the incorporation of undeclared capital into the formal financial system. Speaking to Radio Natagalá, Zimmermann expressed his analysis of the initiative presented by the Minister of Economy, Luis Caputo, and noted that the plan pursues at least two fundamental objectives. "On the one hand, it…

The national representative of the Federal Consensus, Nicolás Massot, said that the Argentine government "recurs to extraordinary and questionable measures to obtain dollars", maintaining an exchange rate "artificial of exchange rate intervened that generates economic and political inconsistencies." The Buenos Aires legislator, charged heavily on the "exchange policy" of the Argentine government, pointing out "the inconsistency of keeping an art…

🔊 Listen to this news Bolivia has recorded year-on-year inflation of 15.01% through April 2025, making it the third-highest inflationary economy in Latin America, surpassed only by Venezuela and Argentina. The Bolivian Association of Private Banks (Asoban) has reported a slowdown in savings in national currency, reflecting a growing loss of confidence in the country's economic stability. Despite efforts to control rising prices, inflation conti…

By Gladys Stagno “Anyone could go and deposit US$ 5,000 in his bank account and then pay the supermarket with a debit card in dollars. It is absolutely normal that this is a process in which people realize every day more that they can use dollars calmly and that contributes to the economy”, released this Friday the Minister of Economy, Luis Caputo, in the Stock Exchange of Cordoba where he exposed to businessmen. His analysis, in tone of coffee…

During a presentation at the Córdoba Stock Exchange, the Minister of Economy, Luis Caputo, supported the modification of the exchange rate regime by ensuring that the new policy will generate a higher income of foreign exchange. “There will be a greater income of dollars. I can’t venture to go to the floor of the band, but the dollar will stop worrying. We’re going to a currency competition with a strong weight,” said the former macro official. …

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El Cronista broke the news in Argentina on Friday, May 23, 2025.
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