ACCORDING TO ECONOMISTS, THE GOVERNMENT SOLD RESERVES TO CONTAIN THE EXCHANGE RATE
https://resizer.glanacion.com/resizer/v2/RIFAOZJZTVFTXE6RGZBLTRDNLM.jpg?auth=35d7cdc83e5aa3a2418149b0a88352bc4494eac996b74900f7ac56cb65117add&smart=true&width=2000&height=1333
✍️ Despite recent changes in monetary policy, the Argentine government remains focused on reducing inflation, with the Central Bank selling over $150 million in dollars to maintain the exchange rate.
👉 The Central Bank has sold over $150 million in dollars to maintain the exchange rate. 👉 The government is prioritizing reducing inflation, despite recent changes in monetary policy. 👉 The government is using up its foreign exchange reserves to cover debt payments. 👉 The government is considering alternative sources of funding, including a repo agreement with banks and the sale of hydroelectric power plants.
-- #MaxCapital #SantiagoBausili #Caputo #Argentina #Comahue #world
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