The Government Says It Will Buy at Least Another $10 Billion in Reserves Before the 2027 Elections
6 Articles
6 Articles
The Vice Minister of Economy, José Luis Daza, said that the country will arrive in the next elections with better financial conditions than last year; he said that “people are more willing to risk being robbed by a motorcycle than to put silver in the financial system”
The Secretary of Economic Policy, José Luis Daza, said that Argentina will arrive in the elections of 2027 with US$ 20 billion more reserves than in 2025.Employers demanded to sustain stability and advance with the decrease of retentions.
The national government anticipated that the Central Bank will seek to add at least USD 10 billion to the international reserves before the 2027 elections, with the aim of strengthening the country’s external position and reaching the electoral calendar with greater room for manoeuvre in the face of possible episodes of exchange rate volatility. The strategy was put forward by Economic Policy Secretary José Luis Daza, who assured that the moneta…
The national government anticipated that the Central Bank will seek to incorporate another $10 billion into the international reserves before the elections of 2027, as part of the official strategy to strengthen Argentina’s external position. The announcement was made by the Economic Policy Secretary, José Luis Daza, who assured that the monetary authority will continue to buy foreign currency in the foreign exchange market. Daza referred to the…
Buenos Aires, 12 August (NA) -- The national government anticipated that the Central Bank will seek to add at least US$10 billion to international reserves before the elections, with the aim of strengthening the country's external position in view of the 2027 electoral calendar. The strategy was proposed by Economic Policy Secretary José Luis Daza, who pointed out during an interview that the monetary authority will continue to buy foreign curre…
The Vice Minister of Economics, José Luis Daza, anticipated that from here to the election, the Central Bank will buy an additional $10 billion of reserves. With this, it reduced value to the possibility of repeating a scenario of volatility as seen during last year’s elections. “This year we had agreed to buy a $10 billion of reserves. We are already going for more than $13 billion. From here to the election we are going to buy an additional $1…
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