He Tesla and SpaceX CEO Elon Muskwas expressed in Twitter (another of his companies) on the decision of the central bank to increase from 91% to 97% the interest rate for fixed terms, with the aim of stopping the rise of the dollar.
The measure of central bank It was taken after knowing the inflation data for April, which reached 8.4%, with an interannual progression of 108.8%.
The information was collected by the national and international media and a tweet from Wall Street Silver wrote “everything is fine” citing a post from Bloomberg Market about the interest rate increase.
“Argentina is preparing a package of emergency measures to stop inflation, including the increase in the interest rate to 97% this Monday,” the publication indicated. Bloomberg Market.
Given this, Musk surprised placing “!” before the news, expressing his surprise at, supposedly, the very high interest rate of the Argentina against deposits in pesos.
Musk had already expressed his opinion on the Argentine economy
Strictly speaking, it is not the millionaire’s first reaction to news related to Argentinasince last February he had expressed that it was “probably a good idea” that he had a common currency with Brazilfor your commercial exchanges.
The governments of Alberto Fernández and Lula Da Silva are exploring the possibility of a common currency that will order the strong exchange between the two leading countries of the continent.
Source: Ambito
