Caputo and Bausili spoke of a “second stage” of the government’s economic program, which would entail handing the BCRA’s debt over to the Treasury to clean up its balance and allegedly pave the way towards lifting all exchange rate restrictions.Contrary to President Javier Milei’s electoral promises, Caputo told these executives that “the peso will not disappear” and -quite the opposite- “it will be a strong currency”. Local and international markets alike did not react well.
July 2, 2024
SOURCE: MERCOPRESS
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