Eduardo Costantini's Fear of the Current Foreign Exchange Policy
8 Articles
8 Articles
Although it celebrates the management of Javier Milei, the real estate entrepreneur alert on long-term risks if the foreign exchange path is not changed and reserves accumulate.
In a recent interview the renowned businessman referred to the government’s economic plan, and warned about the carry trade and the elimination of “parking” for foreign capitals, although he also called President Javier Milei a “storm pilot who has been solving serious and serious problems quite successfully.” Read more
By Alfredo Zaiat The data does not allow double reading: between December 2024 and April 2025, there was no income of dollars of foreign direct investment; on the contrary, there was outflow of dollars from that origin. The negative net balance was about 3000 million. Instead of alleviating the external restriction, that is, the relative shortage of foreign exchange, in these months there was demand for dollars for repatriation of capital from f…
Economist Carlos Melconian strongly criticized Javier Milei's government for its management of debt, Central Bank reserves and exchange rate. He warned that without a clear course, Argentina is heading towards a new structural crisis.In an interview with Rivadavia AM 630, former President of Banco Nación, Melconian, analyzed the Argentine economic present with a view as technical as it is political. Without a doubt, he pointed out against Milei'…
The former head of the National Bank, Carlos Melconian, questioned Javier Milei’s “day-to-day logic”: he warned that deinflation is a “park” without fiscal anchor, denounced indebtedness to thicken reserves and warned that the dollar continues to intervene under cover.


Economist Carlos Melconian gave a critical and sharp look at the current economic situation of the country, questioning Javier Milei’s government for its approach to debt, reserves and the exchange rate. In an analysis that combined technical and political aspects, Rivadavia AM 630 warned about the dangers of short-term economic decisions and the lack of institutionality. “This week the deinflation was celebrated, we spoke of 1.5% inflation, but…
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