Domingo Cavallo Said It Is Necessary to Accumulate Reserves if the Economy Is to Be Remonetized

la Nacion

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The former Minister of Economy Domingo Cavallo insisted today on the need to accumulate reserves. It was in a post on his personal blog, where he proposed that this variable would allow to sustain the process of deinflation and boost the remonetization of the economy in pesos and dollars sought by the Government.In his text, Cavallo contradicted what the economic team maintains and affirmed that, while theoretically there is no need to have rese…

Punto a Punto Diario

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Former Economy Minister Domingo Cavallo warned of the structural challenges facing the Argentine economy in its transition to a functional bimonetary system and a genuine re-monetization process. Cavallo stressed that, without sufficient accumulation of external reserves and a complete elimination of exchange barriers, economic reactivation will be limited and [...] The post For Cavallo: “dollars in the mattress do not work if they do not financ…

El Cronista

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Influential figures of the market recommend that the Central Bank accumulate more reserves, but in the government they prioritize other objectives of economic policy, such as the deinflation and the continuity of the exchange rate calm, rather than strengthening the fire power of the entity led by Santiago Bausili.After the opinion of Ricardo Arriazu, the turn of the former Minister of Economy Domingo Cavallo, who assured that "external reserves…

El Economista

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The former minister of Econom reappears with a sharp diagnosis: accumulating reserves is key to avoid instability and allow the reactivation of the credit in d lares.

Perfil

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The former Minister of Economy said that the purchase of foreign currency by the Central Bank will also speed up the remonetization sought by the administration of Javier Milei. Read more

politicargentina.com

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Former Minister Domingo Cavallo said the accumulation of reserves will “beneficiate stability and growth” and warned about the regulations that prevent the operation of the “dollar mattress” plan.