Dollar Credit: How Is the Strategy Luis Caputo Plans to Push Through Congress?

Ámbito

Factuality

Ownership

The measure seeks to overcome the historical restrictions, in force since the crisis of 2001-2002, which limit these loans almost exclusively to those who generate direct income in foreign currency, as exporters. Who could access if the initiative prospers?

El Cronista

Factuality

Ownership

The Ministry of the Economy seems to have found a return to the dilemma between going out to the market and making the dollars to pay the debt.The Minister of Economy explores a creative way out.The Ministry of Finance announced that it will pool up to $500 million per month through tenders in the local dollar-denominated bond market with a coupon of 6% nominal annual fee to be paid monthly. Economy Minister Luis Caputo said he is looking for le…

AgendAR

Factuality

Ownership

The first modification was the way in which the exchange rate bands were adjusted. Let’s remember that the bands increased 1% every month. The theme was that, as inflation was systematically higher (meaning 2.2%), that led to both the floor and the ceiling being reduced in [...] The Dollars and pesos entry: the first 2 months of the new Milei-Caputo plan was first published in AgendAR.