Argentina will build reserves and buy back bonds, Caputo tells bankers, Bloomberg News reports
22 Articles
22 Articles
As the Bloomberg agency published, the Minister of Economy expressed it in a meeting during his recent tour of the United States with Javier Milei
Caputo Tells Bankers Argentina to Build Reserves, Buy Back Bonds
Economy Minister Luis Caputo told investors in New York that Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band, according to people with direct knowledge of the matter.
Argentina will build reserves and buy back bonds, Caputo tells bankers, Bloomberg News reports
Argentine Economy Minister Luis Caputo told investors in New York the country plans to repurchase sovereign bonds and begin building foreign reserves, even as the peso trades within its band, Bloomberg News reported on Saturday, citing people with direct knowledge of the matter.
The plan "All Violeta" function: the presidential sister accumulates more power and moves to Caputo. The new political map is defined by her.
The Minister of Economy, Luis Caputo, announced to investors in New York a plan to buy back sovereign bonds and accumulate reserves, even if the peso operates within his currency band. The meeting was organized by the bank JP Morgan and had the presence of President Javier Milei. The official clarified that the government of Javier Milei does not intend to let float the Argentine currency, but will keep it operating within established bands, acc…
He remarked that President Javier Milei has no intention of letting the coin float freely.
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