The name of the economist and former Deputy Minister of Economy during the management of Axel Kicillo in front of the Palacio de Hacienda, was one of the loudest during this Sunday. Finally, Silvina Batakis will be the one to hold the position, and she will assume this Monday at 5:00 p.m. at Casa Rosada, as confirmed by the spokesperson for the Presidency, Gabriela Cerruti.
What the Álvarez Agis economic expectations report says
The survey of the consulting firm PxQ is signed by Emanuel Alvarez Agis. Of great arrival to the local financial market with his analysis, the economist appeared as a viable option for the different sectors represented in the Government coalition.
“After the debt crisis in pesos and extreme measures taken by the monetary authority to recover international reserves, the government of Alberto Fernandez and Cristina Fernandez de Kirchner entered its most complex moment since the change of administration”, says the report.
“However, and ruling out that we have already entered a financial crisis of uncertain resolution, we bring an analysis of the most important variable of all, the dollar (in its two values), throughout our turbulent history. Each of our clients will have to make difficult decisions this week”, details the survey on the expectations of the currency.
The analysis shows the price of the dollar during different moments of shock in the past, all at June 2022 prices, where inflation is taken into account. There it is noted that the free dollar at $239 last Friday should climb to $351 to match the peak it had in October 2020, the maximum of Alberto Fernández’s management, at which time it reached $195.
Source: Ambito
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