Luis Caputo: “We’re Going to Sell Every Last Dollar on the Band’s Roof”
8 Articles
8 Articles
The Minister of Economy ratified the government’s foreign exchange strategy and said the Central Bank will intervene in the market up to the limit agreed with the IMF. “There are enough dollars for everyone,” he said.
On a difficult day for the Argentine markets, marked by the fall of bonds and shares and the rise of the official dollar, the Minister of Economy, Luis Caputo, ratified the economic program and rejected any kind of modification in the exchange rate scheme. And after that, he clarified: “We are going to sell up to the last dollar on the roof of the band.” On Thursday, the Central Bank had to sell US$379 million to contain the escalation of the US…
After days of high exchange rate tension, which forced the Central Bank to sell a total of USD 432 million between Wednesday and Thursday, Luis Caputo assured that the strategy will not be modified and ruled out the possibility of entering default. "We will sell up to the last dollar on the roof of the band. The program was designed like this and is made so that both the dollars of the BCRA, and those that we have bought, serve to defend that ro…
The Minister of Economy, Luis Caputo, spoke for the first time since the intervention of the Central Bank (BCRA) and said that “there will be no changes in the economic program.” “We will not move from the economic program. We will continue to defend the exchange rate band. We will sell up to the last dollar on the roof of the band. The program was designed like this and is made so that the dollars, both those of the Central and those we have bo…
“We are going to sell up to the last dollar on the roof of the band,” said Economy Minister Luis Caputo, in the program of youtube Tres Anchores, of the channel Fuck. The statement follows the decision of the Central Bank to intervene for the second consecutive time in the exchange market with sale of dollars. This time for US$379 million. The intervention occurs because the exchange rate reached the roof of the band: the wholesale dollar quoted…
The Minister of Economy, Luis Caputo, spoke for the first time since the intervention of the Central Bank (BCRA) and said that “there are not going to be changes in the economic program.” “We are not going to move from the economic program. We will continue to defend the currency band,” Caputo said in an interview on the streaming of Fuck. The owner of the Hacienda Palace is accompanied by his vice minister, José Luis Daza, and the president of …
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