The dollar would not have impacted so much on prices, and in April inflation would be less than March.
6 Articles
6 Articles
On April 11, the government announced that it was eliminating the exchange rate quota and that the official dollar was going to float in a band between $1000 and $1400, values that will be updated 1% per month in a divergent way. According to this, on April 14, the new regime started with a swinging wholesale exchange rate that first moved closer to $1200, with price adjustments that suggested that monthly inflation could reach 5%. However, over…
According to Yanina Lojo, the Argentine government has sought a balance in the exchange rate after easing, with the intention of keeping it within the established bands. In this new system of flotation of the exchange rate, there is a superior band and a lower one, which adjusts by 1 percent monthly. "What we are observing is that the band is widening, which allows a greater fluctuation in the exchange rate, but within pre-established limits," s…
On Friday, at the Rosario Stock Exchange, there was a key meeting with the producers in which three of the most trusted people of the Minister of Economy, Luis Caputo, participated to convey their thoughts about what is coming in the Argentine economy and anticipate what can happen with the official dollar, in the midst of the bands of between $1,000 and $1400. Official Data How many dollars were used for expenses abroad before the end of the st…
The flexibility of the stocks brought with it an increase of the official exchange rate, although less than expected. This week, the currency settled somewhat below the $1,200.
A few days ago, the national government implemented the end of the exchange rate quota and a floating dollar, which, with the intervention of the Central Bank, will remain at a value of between 1,000 and 1,400 pesos. This comes after the confirmation of a new period of indebtedness, this time, with a new loan from the International Monetary Fund (IMF) for 20 billion dollars.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium




