The economist assured that the government maintains a flotation of the exchange rate “pseudo -intervene” and that the current scheme “does not work”.
Carlos Melconian warned the Government for the increase in the demand for dollars prior to the elections.
The economist Carlos Melconian He warned about the exchange demand in an electoral year and suggested the government a “reformato” of the economy after the elections to comply with the maturities in dollars of 2026 and the commitments assumed with the International Monetary Fund (IMF).
The former president of Nation Bank (BNA) understand that the minister’s portfolio Luis Caputo She is self -absorbed in fulfilling “religiosity the fiscal issue” and that this makes him lose sight of honoring his commitments to creditors.
Melconian went further and said that in the government “they do not comply with what they have to comply” and that the economic team will “fight” to “see if you can place seven bonds of US $ 1 billion per month to replace the purchase of dollars” that were necessary for “the true” commitment to the multilateral organism.
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Argentine news
In his statements to Radio Rivadavia, the former BNA official said that “everything is not closed”, since “the elephant in the exchange bazaar is missing”, since there are two realities, “the electoral year” that the scheme “does not work”.
Days ago, Melconian had expressed that he would have to come “a correction, a rearrangement of the regime”, but that this would occur after the October elections.
The options to refinance the maturities in dollars of 2026
“Here the most important thing is reformato,” Melconian slipped and said the administration of Javier Milei “It has to say how Treasure You have to buy dollars now in more “and why, since it is crucial” to rummage “how Argentina refinanced the maturities in dollars of 2026.
On the other hand, Melconian said that there is no administered flotation, but one that is “pseudo -intervened” through the management of futures and not put “the elephant”, that the Central Bank (BCRA) I had to buy in 9 months almost US $ 10,000 million, “in the bazaar.”
Source: Ambito
