Victory Front Senator and former Cabinet Chief Aníbal Fernández regretted today his controversial comments yesterday when he said he had dollars saved.
Buenos Aires stocks plunged 1.8 percent today to 2,215.18 points, and has dropped 5.6 percent this week. Meanwhile, the country-risk rose by 1.5 percent to 1,249 basis points in the JP Morgan EMBI index.
A Morón court ruled that priest Julio César Grassi should not remain under house arrest and ordered his release, thus annulling a previous ruling by another court.
Planning Minister Julio De Vido and Deputy Economy Minister Axel Kicillof were holding a press conference at the Economy Ministry today.
Cabinet Chief Abal Medina and Deputy Economy Minister Axel Kicillof came on stage today to deny media versions that indicated the government is planning a de-dollarization of the economy.
The salary index climbed 2.8 percent in April and accumulated a 7.3 percent increase during the first quarter of the year, according to the Indec national statistics bureau.
The official dollar price was trading steady today at AR$4.49/AR$4.45, compared to yesterday's closing price. In the black market, the US currency climbed three cents to AR$5.95.
Real estate agent José Azpiroz Costa advised savers to choose to invest their money in properties as restrictions to the purchase to dollars increase, he said in Ambito Debate tv show, which airs in C5N cable news network.
Planning Minister Julio De Vido and Economy Vice-Minister Axel Kicillof held today a press conference at the Economy Ministry to unveil the latest report about YPF's situation after the government’s takeover which, they announced, has concluded.
Buenos Aires province farmers started a nine-day freeze on grains and cattle sales today to protest against a tax hike and land reform sponsored by Governor Daniel Scioli.