The initial disbursement will be US $1,000 million free availability

The initial disbursement will be US ,000 million free availability

As reported at a press conference provided this Friday, additionally US $ 1,500 million of other international organizations will immediately enter, and a repo of US $ 2,000 million will be agreed. That is to say, Next week Luis Caputo’s economic team will have US $ 15,500 million.

The agreed scheme also contemplates US $ 4,100 million for June (U $ 2,000 million from IMF YU $ S2.1 billion of other organizations) and US $ 3,500 million for the second semester of 2025 (US $ 1,000 million from the YU $ 2,500 million fund of the rest).

Consequently, human people will no longer have the limit of US $ 200 to buy dollars in the official change market. The only lock that is still valid is the 35%surcharge, deductible from the income tax, for tourism and credit card purchases abroad.

In parallelthe “Blend dollar” was eliminatedso from now on 100% of exports will be settled to the officer, another measure taken based on the intention of unifying the different exchange markets. This unification will be monitored by the BCRA through a exchange rate of the exchange rate within mobile bands.

Those bands will be initially between $ 1,000 and $ 1,400; If the monetary authority is going to go to intervene. In addition, the bands will have an adjustment of 1% monthly.

The exchange anchor will be replaced by a monetary anchor Centered on the control of the monetary base and without issuance to finance the fiscal deficit, seeking to stabilize the economy and reduce inflation, “they explained from the government of Javier Milei.

Source: Ambito

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