This was reported by Mr. Osvaldo Granados in his column for Radio Panorama.
This Thursday, in his daily column for Panorama Radio Osvaldo Granados analyzed what the financial day left in Argentinawith the quotation of Dolar blue touching a new record.
“It is very interesting what happened” considered the specialist, “the blue dollar touched $1380, but closed at $1365 because the treasury held a tender, took more than 8 million pesos and paid a higher rate, so the market perceived that in some way what it said was fulfilled. Luis Caputo to raise the interest rate to numbers closer to those of inflation,” explained.
He also pointed out that the purchase of dollars from the central bank During the month of June it was barely 38 million dollars. “He agro-export sector remains unsolved -when June is a month with a larger liquidation- because they want a higher dollar. Sunday Cavallo He said that the dollar has to be at a thousand pesos. But if you take out the Country Tax is compensated and does not go to prices, this as a solution to the Fund’s request that the dollar blend because he wants a fixed one for exports.
Finally, he pointed out that it was known that “there are 277 billion dollars undeclared in the Argentinian republic. That is, there are one billion two billion in the central bank and 277 are hidden. “With that money, this would be another country.”
