Dollar 2023: what the gurus predict

Dollar 2023: what the gurus predict

For 2024the consensus is $496, but there is greater breadth in the forecasts: Econviews rose to $906Quantum $743Ecolatina $588 and Econosignal $543.

What the analysts think

the analyst Salvador Di Stefano provides levels of triple-digit inflation and an inevitable devaluation for years to come. He said that all investment paths lead to the dollar and the purchase of assets. In the case of companies, Di Stefano developed the benefits of taking on debt and buying assets that can be amortized and eventually discounted from the balance sheet.

“Going into debt is a strategy to make a tax shield against a very high tax pressure. Although today the balances are adjusted for inflation, the benefit of taking on debt and buying assets that can be amortized continues to be favorable to companies,” he wrote in Twitter.

“The rate of devaluation will continue to be high and this number of $471 that we estimate is also including that by the end of December 2023 the new Government will have already taken officewhere the possibility that there is a unification of the exchange rate and an additional devaluation at that time is considered,” he explained. Sebastian Menescaldi, economist and associate director of EcoGo.

Paul Repettohead of Research at Aurum, for his part, added: “The need to maintain the real exchange rate at levels not very different from the current ones, at least so that the delay does not deepen, leads us to estimate that with a correction In line with expected inflation by the end of 2023, the dollar should be around $352. As long as there is no disruptive exchange rate event that worsens the outlook and that the government does not apply a shock stabilization plan that cuts inflationary inertia.”

Source: Ambito

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