In a recent conversation with Radio Miter, he explained that “Milei’s victory was a shock that raised fears about what I would do if I were a Government, if I would dollarize.
“On October 23 it will be seen whether or not the election results affect the political situation, so there may be some movement in the marginal dollars“, he risked. Today the blue It is trading at $730 and increased $20 (2.82%) during the week.
Regarding the official dollar, the Secretary of Economic Policy confirmed that“The decision is to have it until November 15th and then start a Moderate Crawling Peg (drip devaluation) waiting for what the new Government does”.
Inflation: why the weekly publication was decided
Furthermore, he defended the weekly publication of Inflation index, a decision that generated debate in the market. “It is not a dream to have your own index, because sometimes it is very bad. It is simply a way to follow the price evolution of the economy. He INDEC does not participate in the slightest,” Rubinstein clarified.
The official explained that it was decided to release the index weekly because “some talk about hyperinflation or that inflation is going to be 10% monthly from now on”, but from the Ministry they have “elements to think that it is not like that”. He said that the weekly economy index “is an absolutely independent estimate of the INDECas any consulting firm could have done.
And he added: “We wanted to have our own monitoring and in this case, after a week of many increases, it also seems good to be able to show that the indices are on the decline“.
Source: Ambito
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