Marcos Buscaglia: “if the Government Had Gradually Accumulated Reserves, the Country Risk Would Be Lower”

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How much is the risk country today in Argentina Variation (New): 1.16% Points (New): 700 Variation (Previous): -1.70% Points (Previous): 692 What is the country risk? It is the credit risk of an investment, which does not depend on the solvency of the issuer, but on that of its home country. It measures the probability of non-compliance with a nation's financial obligations due to factors that go beyond the inherent risks. The higher the risk, t…

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The economist Martín Redrado held a radio interview in which he considered that Argentina passed the “opportunity to accumulate reserves” that allow to offer greater certainty to the markets. Likewise, the former president of the Central Bank said that the country entered a “period of currency uncertainty.” “Argentina needs measures that must be taken that go beyond a financial or fiscal and monetary policy approach. Argentina needs to give pred…

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The economist warned that the exchange rate-based stabilization plan already showed signs of exhaustion and that lowering the country's risk requires accumulating dollars.