(CNN Radio Argentina) – Camilo Tiscornia, economist, analyzed Wednesday in CNN Economy and News the situation of the country against international context and the latest indicators of local activity.
“It was a positive day in the world, from some calm in the negotiation that the United States and China with the tariffs carry out,” said Tiscornia, adding that this “had a positive impact with a climb on the bag and bonds” at the local level.
In addition, he stressed that “The United States Secretary of the Treasury said that, if there is a more important global crisis, the American treasure can give Argentina funds.”
As for the exchange rate, he warned that “the dollar, which had dropped in recent days, rose 4%, but continues in limited values.”
-On the evolution of the economic plan, the economist said that “the country has a good perspective and is what is thinking about the prices of the different Argentine assets.” However, he remarked that “There is short -term uncertainty of how this floating change system will continue to evolve because in the range of 1000 to 1400 pesos it can have volatility.”
He also pointed out that “The elections can generate volatility, but if Argentina follows this path, medium -term expectations are good.”
In relation to the investment regime, he said that “Outside the Rigi, Argentina begins to be more attractive to invest with these changes that were with the opening of the stocks.”
Finally, Tiscornia celebrated the latest official activity data: “They have been very good, since there was a very strong and sustained recovery. In recent days the February GDP data was known and there was a monthly growth of 0.8%. That is very good.”