In Flotation, Who Fears the Current Account Deficit?

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I am an “authority” in balance of payments because José María Dagnino Pastore (UCA, 1963) and Gottfried Haberler (Harvard, 1967) put in my blood the anatomy of the document that reflects the economic interaction that, during a period (flows), occurs between the residents of a country and those of the rest of the world. It is a fact that, during the first semester of 2025, the current account of the balance of payments was deficit. Should it worr…

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The investment bank maintained that the current account showed a strong improvement after the implementation of the new currency flotation scheme. Gross reserves grew strongly and could sustain the economic upturn.

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The bank document notes that the balance of payments current account red was reduced following the implementation of the new economic policy framework that includes currency flotation.