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Cavallo wants to do it again The expert in distributing costs of big crises gives advice

Summary by Página/12
The lack of foreign exchange remains the biggest economic problem for Javier Milei's government in this electoral year, said the former Minister of Economy,...
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(by Raúl Dellatorre/ Page 12 / Director of Economic Engine) The lack of currency remains the biggest economic problem for Javier Milei's government in this electoral year, said former Minister of Economy, Domingo Cavallo, principal mentor of the Conversion experiment in the 1990s, and central actor of his ... Cavallo wants to do it again/The expert in distributing costs of big crises gives advice Read more »

The economist and former minister of economics Domingo Cavallo made an analysis of the recent evolution of inflation and the situation of net external reserves of the Central Bank, highlighting the sharp slowdown of the price index and the challenges that the government of Javier Milei faces on the foreign exchange front. Inflation to the downside [...] The post Stability in sight: Cavallo analyzes inflation and the foreign exchange challenge in…

The lack of foreign exchange remains the biggest economic problem for Javier Milei's government in this electoral year, said the former Minister of Economy,...

·Buenos Aires, Argentina
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Buenos Aires, February 5, 2025-Total News Agency (TNA) – Former Economy Minister Domingo Cavallo predicted that the dollar will have a rise in its price and expressed his opinion on the future of inflation, whose official data will be known on February 13. Cavallo argued that the gap between the CCL exchange rate (counted with liquidation) and the official exchange rate managed by the crawling peg “will tend to increase”, because “the 20% of exp…

The average monthly inflation rate measured daily by online prices stood at 1.4% on January 28, a strong rate from slightly more than 3% per month in mid-December.

Former Economy Minister Domingo Cavallo warned this Wednesday on his personal blog that he expects a dollar jump, although at the same time he gave his recipe to President Javier Milei to avoid it.In this sense, Cavallo pointed out that "the gap between the CCL exchange rate and the official exchange rate managed by the crawling peg will tend to increase because 20% of export earnings will no longer enter that market and will increase demand for…

·Argentina
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El Cronista broke the news in Argentina on Wednesday, February 5, 2025.
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