In that sense, Caputo He urged merchants to sell in dollars To foster movement. “They start billing in dollars,” he said.
“Lote dollars. Banks are already paying a reasonable cup. Really having dollars in the mattress is a very bad business“said the Minister of Economy.
“It is even more logical that the remumination occurs in dollarsbecause there are almost ten times more dollars than pesos, “he emphasized during his oratory in Tucumán
Subsequently, he referred to the difference with the weights: “Not only are we not emitting pesos, but we are subtracting them pesos because every time we have a fiscal surplus we take pesos from the court. ”
“This is what the president calls endogenous dollarization. We are not emitting pesos, the dollars will leave the mattress. There are more and more dollars and the amount of pesos does not grow, then The relative value of the weights is getting lower“Caputo said.
Luis Caputo said that “there is no possibility of a exchange cimbronazo”
Subsequently, the head of the economic portfolio questioned the threats of exchange crisis: “There can be no exchange cimbronazo As some expected, this difference between dollars and pesos gives them the pattern. “
“This model is developed so that this does not happennow there are few pesos that are supported, we could even go to a convertibility below a thousand, “he said.
“When you have abundance of weights without support, the weight is what depreciates. The rest of the goods depreciates against weight, “Caputo added.
In that sense, he related this explanation with the causes of inflation: “This leads to the confusion that inflation is generated by the increase of the dollar and it is notit is generated by the excess pesos which makes the dollar go up and prices rise. ”
“It is because the weight against everything is depreciated. Now no weights are printedthen this is not going to occur or this will occur, “he said.
The departure of the stocks and the fall of prices
The minister also referred to the exit of the exchange rate and the decrease of some prices in recent times: “SAlms of the stock And for the first time the price of the exchange rate adjusted from top to bottom, and today We are witnessing prices of 25% and 40%even up to 50%. “
“There is even shops by advertising what their prices lower., The appliances fell a lot, for example, up to 40%, “Caputo said.
“This shows that indeed prices were advanced Because merchants reacted with the chip of ´Ajusto for doubts´ When we leave the stocks. But that is not having the right chip, it is what they had accustomed to us, “he culminated.
Source: Ambito
