In recent days they won the questions to the decision not to buy dollars between the bands and to direct the exchange rate to the band of the band.
Juan Carlos de Pabloone of the most respected economists by President Javier Milei, It reduced importance to the accumulation of reserves given the new exchange scheme. The professional media pointed out that today the coffers of the Central Bank (BCRA) are a patrimonial issue rather than defense of the exchange rate.
According to Pablo, in a flotation program between bands such as the one implemented by the economic team since April 14, the BCRA does not need reservations. Regarding currency needs to pay debt obligations from 2026, he clarified that It is not the central but the “The Treasury that represents the Argentine finances and the one who has to buy dollarswithout waiting for the exchange rate to fall from $ 1,000 “.
In an interview with María O’Donell in Urban Radio, the teacher in Ucema said that “it is no longer well known what the exchange delay means.” “It’s arithmetic,” he said.
Pablo’s look on reserves, fiscal policy and deregulations
“Those who defend the Central Bank made him ball, and the one who wants to close it (Javier Milei), who will not be able to do it, first wants to put it in cash,” he said. Within the framework of the analysis, the economist said that LYou reserve today fulfill a patrimonial role, which reflects the back of the monetary authority to offer “something to the peso holders” the day the president wants to reduce the BCRA to its minimum expression.
On the other hand, of Paul defended the government’s fiscal policy, by asserting that the balance “comes to stay.” “The weights are transactional, the Argentines do not have weights to crack or something like that. That is why I always said that the length of the stock would not have to be traumatic,” he added.
He also said that “Federico Sturzenegger arrives to stay as far as the imagination.” As for the conflict that broke out in Tierra del Fuego after the recent ads about the removal of tariffs to cell phones and electronic items that are assembled on the island, he predicted that the workers “will be the first importers.” “What better position than a guy who spent life assembling cell phones to import? The transformation seems quite obvious,” he said.
Source: Ambito
