The former BCRA said that the priority of the current management must be “to resolve the exchange and monetary issue” and asked that “To the exchange and monetary leg, the political consensus must be added ”. He also stated that one of the government’s failures has to do with the adjustment in sensitive expenses: “Here there were no chainsier, there was a fantastic liquefaction. The error is to mess with two mangoes with twenty in matters such as universities or the Garrahan hospital. Do you want to give the idea of a hard hand? You can give it, but here you have two mangoes. “
Other errors, according to Melconian, was to have released the stock for human people: “There is no ideology or market freedom that justifies this.” After that, he analyzed that “In April they were forced to do something with the dollar. In a process of anxiety or bad praxis they got into this mess without having fulfilled the commitment (NDD: with the IMF) of buying dollars as the agreement to pay the interests of the debt and accumulate reservations. “
“This current change is unbalanced, that is the problem. They believe that the opposite is Gil, saying that they do not intervene. This rate of exchange is not free “He added on Radio Milenium, where he said that “what may happen before or after the choice is a higher exchange rate than this. The question is whether that slip can go to inflation”
The last mistake that the economist remarked was to have “lowered inflation very fast.” “Then they cannot say that the fault of this is entrepreneurs, banks and kukas. It is a diagnostic error. On January 1, new financing must be sought, the country risk must be decreased genuinely, we must drastically lower the demand for human people and Punta Cana, “he synthesized.
Savorists bought US $ 3,041 million in July, second highest data in at least 18 years
The Argentines bought in July U $ 3,041 million for treasury, in net terms, the second highest in, at least 18 years. To the relative exchange delay and the winter holidays, which usually generate a greater demand for foreign exchange, the financial volatility unleashed after the change of monetary policy was added.
As reported by the Central Bank (BCRA) this Friday, in the seventh month of the year 1.3 million “human people” bought dollars in the official change market, by U $ 3,408 million. In parallel, 576,000 vendors were registered, for an added amount of US $ 367 million.
Since the stocks were released for people, in mid -April, the net currency acquisition went up month by month, always marking maximums since the last year of the Government of Mauricio Macri, prior to exchange restrictions. Since there are records (January 2007), only the October 2019 was greater than that of the latter July.
Source: Ambito
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