The president also called the Brazilian Central Bank’s current interest rate is “irresponsible”
Economics
Dollar & PesoEconomicsMarkets
Government to withdraw US$ 4 bn of Argentine debt to control the dollar
The economy ministry’s measures come after the blue-chip swap rate broke records
The IMF board is expected to approve a U$S 5.3 billion disbursement next week
They spoke during the Inter-American Development Bank’s annual meeting in Panamá
Faced with a historic drought and a dire international financial landscape, consulting firms expect more capital controls.
Government fears “flight of more pesos to the dollar”: sources
According to the INDEC, destitution threshold was AR$80,000 for a family of four
BusinessDollar & PesoEconomics
Business leaders concerned about lack of dollars despite new bank reserves goal
Industrialists desperate for currency look to China and Brazil as drought hammers reserve outlook
Ambassador Daniel Scioli asked for non-tariff barriers to be lifted in a bid to reverse the trade deficit