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Caputo said an agreement with the IMF does not imply a dollar jump or a quick exit from the stocks.

Summary by La Nacion
A new agreement with the International Monetary Fund (IMF) will not imply a devaluation of the peso (i.e. a dollar jump) nor the departure from the stocks the next day. As Luis Caputo, Minister of Economy, who also indicated that he expects inflation of around 2.3% for the past month and growth during 2025 greater than 5% projected by the market and the international organization. “There will be no devaluation for the agreement with the Fund,” t…

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A new agreement with the International Monetary Fund (IMF) will not imply a devaluation of the peso (i.e. a dollar jump) nor the departure from the stocks the next day. As Luis Caputo, Minister of Economy, who also indicated that he expects inflation of around 2.3% for the past month and growth during 2025 greater than 5% projected by the market and the international organization. “There will be no devaluation for the agreement with the Fund,” t…

·Buenos Aires, Argentina
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The Minister of Economy, Luis Caputo, rejected that a new agreement with the International Monetary Fund (IMF) could imply a devaluation of the weight. In addition, he cleared the doubt of the departure, the next day, from the stocks. Also, he said he expected inflation of about 2.3% for last month and a growth during 2025 greater than 5% projected by the market and the international agency. “There will be no devaluation by the agreement with th…

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The Minister of Economy denied a possible devaluation and detailed the conditions necessary to lift the exchange rate. He projected inflation of 2.3% in January and 5% growth in 2025.

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The Minister of Economy, Luis Caputo, denied that the new agreement with the International Monetary Fund (IMF) implies a devaluation of the weight and the immediate exit of the exchange rate quota."There will be no devaluation due to the agreement with the IMF, it does not imply any devaluation," emphasized the head of the economy. He also clarified that the injection of resources to the Central Bank - it is speculated that it will be about 10 b…

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The Minister Luis CaputoWalter Carrera He announced that he expects inflation of 2.3% in January and growth of more than 5% this year; they will open the import of clothing to lower prices and confirmed that the reduction of withholdings will be temporary. A new agreement with the International Monetary Fund (IMF) will not imply a devaluation of the peso nor the lifting of the restrictions the following day. This was stated by the Minister of Ec…

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The incumbent of the Treasury stated that during 2024 the wages of the formal private sector rose above inflation, while informal employment also increased but to a lesser extent. The post Luis Caputo denied a devaluation in case of reaching an agreement with the IMF appeared first on The Intransigent.

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El Cronista broke the news in Argentina on Wednesday, February 5, 2025.
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