For the renowned economist, there are market agents who seek to extract foreign currency as soon as the restrictions are opened.
Despite the fact that most dollar quotes are stable near $1,000 and despite the Government’s multiple statements about an eventual exit from the exchange rate between June and July, the market is already beginning to distrust that possibility. This is what one of the most consulted economists, Juan Carlos de Pablo, expressed in a television interview.
According to Juan Carlos de Pablo, Javier Milei is in no rush to make this decision. “I do not agree with those who talk about exchange rate delay because that suggests that we are facing a trap. The president of the BCRA is buying currencies, lowering the gap and lowering the gap, so, What rush is there to lift the stocks? We are facing what we could call a phenomenon of equilibrium“said the economist.
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“I would like you to explain to me what the direct relationship is between the exit of the stocks and the arrival of direct investments. My hypothesis is that those who They are desperate to get the money. They are the guys who want to get the money, not bring the money.. “I understand them, but I understand why they are the financial managers of multinational companies,” de Pablo added.
In this sense, he explained that the life of an official like a Minister of Economy or a president of the BCRA “is so intense that they only concentrate on the most desperate things,” which is why lifting the exchange rate today is not a priority.
Source: Ambito
