The Government Changed Economic Policy, so They Raise the Dollar and the Rates, According to Melconian

El Cronista

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After the rise of the dollar in recent days, exchange rate volatility increased in Argentina and many wonder what will happen in the coming weeks in the face of the legislative elections.In this context, economist Carlos Melconian analyzed the exchange rate landscape and stated that in recent weeks the government changed economic policy."The government is using excuses, but has let the dollar rise. It is not for a tragedy, but it is for raising.…

DataClave

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The economist Marina Dal Poggetto anticipated that the government will have to adjust after the October legislative elections, “recalibrate the plan” and especially “the exchange rate scheme as it is.” In addition, “it will have to be seen if the outcome of the elections allows it to decompress the Country Risk and have a more normal financial program,” Dal Poggetto said in statements to CNN-Radio. The words of the owner of the EcoGo consultant …

lagaceta.com.ar

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The economist said Javier Milei will have to “go look for money” after the elections.

diariopanorama.com

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The economist said that the ruling party “allowed the dollar to go up, the interest rate to go up, inflation to stop going down.” He said that “it’s very likely the economy to go into an inflationary rush.”