“Three boys waited me outside at the end of streaming to give me this. Sometimes they ask me where we get strength to bank the constant widths of the opposition. Here the answer. Thank you, guys !!” Luis “Toto” Caputo In his personal account of the Social Network X. After the reporting streaming on the Carajo platform, the Minister of Economy was approached by some young people who presented a letter and a chain.
“This present is something symbolic to thank you for everything you do for the homeland. We banked you, Toto dear. God bless you,” said the written writing, along with a chain with a religious image. Minutes before, the head of the economic portfolio was interviewed in the cycle conducted by the Gordo give next to his vice minister, José Luis Dazaand the president of the BCRA, Santiago Bausili.
This Thursday, the Central Bank was forced to sell US $ 379 million of reserves, as a product of the climbing of the wholesale dollar. In addition to those sold on Wednesday of US $ 53 million, a total negative balance of US $ 432 million was recorded to contain the US currency and keep it in the system of bands agreed with the International Monetary Fund (IMF). In parallel, both actions and bonds collapsed and the country risk was positioned at 1,453 basic points.
In this scenario, one of the main market concerns is whether the government will maintain the current exchange scheme. In that line, Caputo was categorical: “We are going to sell to the last dollar on the roof the band. The program was designed thus and is made so that the dollars, both of the BCRA and those we have bought, serve to defend the roof of the band,” he said.
“In these situations, operations multiply, but we continue working and trust the foundations of the program,” said Caputo, anticipating that the payment of debt of more than 4 billion in January “is working and it is possible that before the elections we can announce if we have it resolved.”
“There will be no changes in the economic program,” said the official again and again, pointing out that “all this political noise occurs because people see what is in front of them,” alluding to the opposition. And already entering a subsequent response about that spectrum of Peronism, Caputo attacked Axel Kicillof “That he is a communist, and I say it as a reality of his political vision ”, discarding in a flat that the official cast can be admitting errors or economic guidelines to be modified in the short term.
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