“I Don’t Think They Understand”: Ricardo Arriazu Explained His Vision on the Purchase of Reserves and Claimed Changes in BCRA’s Policy
5 Articles
5 Articles
The consultant, director of Arriazu Macroanalistas, gave his view on the economic situation
The economist supported the accumulation of reserves, but questioned that the mechanism used by BCRA restricts private credit and slows down activity.
The economist questioned the monetary strategy of the government and warned that the accumulation of reserves cannot be done at the expense of domestic credit. Entrepreneurs and financial referents also pointed out risks due to stagnation, country risk and uncertainty in the face of 2027. Read more
The economist said to entrepreneurs and investors gathered by Lantia Capital that BCRA buys reserves at the expense of private credit and that the economy grows less than 2% when it could grow 5.5%. What did he say about Brazil?
The economist questioned the monetary policy of the government and argued that the absorption of pesos limits the recovery of the activity.
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