The Secretary of Finance, Eduardo Setti, denied Patricia Bullrich’s candidate for Economy Minister, Carlos Melconian, and confirmed that the official exchange rate It will remain fixed until November 15 next, based on what was agreed with the International Monetary Fund (IMF).
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Melconian did not read the agreement with the IMF that establishes a fixed exchange rate until November 15. A shame that, just like when he had conversations with the IMF, he continues to sabotage through lies. It would be good if instead of generating panic, you explain the audios.
— Eduardo Setti (@EduardoSettiOk) October 18, 2023
Along the same lines, the Secretary of Economic Policy, Gabriel Rubinstein assured that “On October 23, the official dollar will be at $350” and noted that as of November 15, the “crawling peg” will be resumed with a gradual adjustment “of 3% monthly.”
In his personal account in
Setti and Rubinstein went out in this way to cross Carlos Melconian, nominated by Patricia Bullrich as future Minister of Economy in the event that the Together for Change candidate wins the elections.
Melconian He said that next Monday, after the general elections on Sunday, “The most that should happen is that the Government puts the famous 350 again at a price that is 350 plus August inflation, plus September inflation, plus whatever is in October (…) which gives 500 pesos, round, is a mathematical account”.
Setti, through his account on the social network conversations with the IMF, continues to sabotage through lies.
“It would be good if instead of generating panic, you explain the audios” that emerged last week in which Melconian would have participated, Setti slipped.
Finally, the Secretary of the Treasury, along the same lines as the Minister of Economy, Sergio Massa, and the Secretary of Economic Policy, Gabriel Rubinsteinassured that “the immediate activation of the second tranche of the currency swap for US$6.5 billion allows us to strengthen the BCRA’s response capacity and bring peace of mind.”
Source: Ambito