[Opinion] Funes de Rioja: “There is a tendency to recover, but with many challenges”

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CNN Radio Argentina Daniel Funes de Rioja, president of the UIA, said this Wednesday on CNN Radio that “there is a tendency towards that recovery, but there are many challenges” and left his opinion on the exchange rate. “It's difficult to measure the beginning of the year because January is usually a month of holidays and plant shutdown. During the first months of 2024, there was a strong contraction in activity, which then took off from the fl…

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The UIA holder refrained from saying whether the exchange rate is behind, but spoke of the lack of “systemic competitiveness” to imports.