Caputo analyzed what will happen to the dollar after the agreement with the IMF: “What we do will not affect people”

The Minister of Economy referred to the exchange rate regime and re-enlisted the conditions that must be given to free the stocks. He also criticized the entrepreneur and said that he is not afraid that the marches will generate destabilization

“The important thing is not whether it floats or not, but to do it in the right conditions because if not, it will go wrong,” said the Minister of Economy when he spoke of the new pact that is finalized with the international agency; he assured that the amount “is defined by the Board of Directors”

The Minister of Economy did not deny the rumors that the IMF demands changes in foreign exchange policy. He also said he does not know how much the financial aid of the agency will be: «The amount is not defined, that defines it in Fund». By: Marcelo Di Bari/@mdibari@mdibari Luis Caputo did not deny the possibility of introducing modifications required by the ... Caputo did not encourage to deny that there will be a devaluation: «I cannot say it…

In the local market, Merval dropped almost 2 percent in pesos, but about 4 percent in dollars, at the end of the day. Meanwhile, the ADRs – shares of Argentine companies listed on U.S. stock exchanges – sank to almost 7 percent. Amid exchange pressure, the BCRA resold dollars and accumulated a sangria of U$s745 million in three days. Caputo, in an interview with A24, repromised that there would be no devaluation jump, but he could not respond on…

EXPLICITE Estimated reading time: 2 minutes In a television interview, the Minister of Economy, Luis Caputo, tried to bring peace of mind about the fact that there will not be a devaluatory leap in the framework of the agreement with the IMF. And the opposite happened: the US currency operated with rises both in the financiers and in the blue. Caputo did not rule out that the government abandons the crawling peg scheme and moves to a flotation s…

Writing Open Channel Without meeting the legal deadline of ten days for a Decree of Necessity and Emergency (DNU) to be dealt with in Congress (Law 26.122), the government called for a session for this Wednesday to try to shield a new debt taking with the International Monetary Fund. In addition to the rush to get dollars in the face of the legislative elections, the call for a special session was denounced by different spaces as a maneuver to …