The current economic scenario poses significant challenges for savers and investors, who seek to maintain their returns and protect themselves against the loss of purchasing power.
The expert also points out that the expectation of better results has led to a decrease in the value of the dollar against the Argentine peso, which has had an impact on those who bet on this currency as a safeguard of value.
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The current economic scenario poses significant challenges for savers and investors, who seek to maintain their returns and protect themselves against the loss of purchasing power. In this context, Salvador Di Stefanodirector of SDS Consultora, provided his recommendations on how to manage dollars in cash.
According to Di Stefano, The current situation has transformed the dollar from being a desirable currency to becoming a less effective refuge against inflation, which is expected to reach 40% or more by 2024. Warn that Saving dollars without using them implies a loss of valueand mentions the possibility of money laundering as an option for those with undeclared funds.
The expert also points out that the expectation of better results has led to a decrease in the value of the dollar against the Argentine peso, which has had an impact on those who bet on this currency as a safeguard of value. In this sense, Di Stefano emphasizes the importance of spending adjustment by Javier Milei’s government.
With respect to exchange rate, Di Stefano believes that its lifting will not happen soon and that it is necessary that favorable conditions arise so that the Central Bank can relax the restrictions. He highlights that devaluation is not a sustainable solution and advocates for measures that drive economic development more equitably.
Regarding sovereign bonds, Di Stefano warns about the importance of being attentive to market movements, since their value can fluctuate significantly. In summary, Di Stefano emphasizes the need to make active financial decisions in order not to lose purchasing power in the face of persistent inflation and changes in the exchange market.
Source: Ambito
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