The price strongly surpassed the level of the dollar CCL, which closed on Friday at $252.22 in the Stock Market, after soaring more than 20% throughout June, as a reaction to the liquidation of the CER debt and the tightening of the exchange rate.
But the news of Guzmán’s resignation, and without the announcement of his replacement, generated maximum uncertainty among stablecoin investors (USDT, USDC, DAI, among others), so the crypto dollar hit a sharp jump, waiting for the local financial markets to open on Monday, which will have limited activity in itself before a holiday in the US.
Guzmán presented his resignation this Saturday through a public letter, at a time when the country is suffering from high inflation and turbulence in the markets.
The decision took the government by surprise. The economist was going to travel to France on Monday, where he was going to renegotiate debt with the Paris Club. Neither President Alberto Fernández nor his entourage expressed themselves in this regard, and no names have yet emerged from the Casa Rosada as a replacement.
In a letter addressed to the president and published on his Twitter account, Guzmán said that “I am writing to you to present my resignation from the position of Minister of Economy of the Nation, with which I will be honored since December 10 (from 2019).”
“With the deep conviction and confidence in my vision of the path that Argentina should follow, I will continue working and acting for a fairer, freer and more sovereign Homeland,” he added.
Argentina drags a cost of retail prices with a floor of 70% for 2022, with sovereign bonds that lost up to 20% in June due to investor distrust of the economy and internal disputes in the ruling coalition.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
