Lacunza projected the value of the parallel currency in the face of an economy that is increasingly suffering from this increase and the fall in Argentine bonds: “The blue dollar is going to be worth as high as the quality of economic policy is bad.”
In that sense, he stressed that “the worse it is, the greater the gap will be and the more it will be the escape valve that is the blue dollar.”
“It seems to me that unfortunately they are not looking for a solution to the cause” because “the statements or approaches of the spokespersons are always focused on looking for external causesit’s always someone else’s fault,” said the former official.
“The government’s genetic reaction is rather not to attack the causes, but the consequences, that’s why today it has a peak of pressure,” he said.
How much can the blue dollar reach?
The illegal dollar reached the unprecedented $227 and caused an earthquake in the city, where they wonder how much more the currency will increase.
Asked by Ámbito, the economist Salvador Di Stéfano replied: “I think the dollars will continue to rise because by not carrying out structural reforms, they will continue to rise. The gap is going to grow to 100% levels.”
While the analyst Alejandro Álvarez consulted indicated that the MEP dollar, which acts in a similar way to the blue, could be located in the order of $280/$290 in the third quarter, between August and September.
“The free dollar was recently aligning itself with the upward readjustment that financial dollars had previously experienced, which woke up to a greater demand for coverage from a more complicated external and internal context. Among the domestic factors, political tensions and the economic uncertainty, especially in the face of a second semester of “more pesos, less dollars”, as well as the recent noise in the CER titles, essential to manage the challenging “roll-over” and avoid having to resort to monetary financing”, he explained. the economist Gustavo Ber in dialogue with Ámbito.
Source: Ambito
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