Why the term “$1 billion” has been trending on Twitter. As always happens, the networks are the catalyst of opinions for and against all current issues, and in particular the movements and decisions of the Government, as well as the reaction of the opposition, on the political or economic decisions that are taken in advance not they are exceptions.
With the strong escalation of the blue dollar under everyone’s eyes, the Minister of Economy, Sergio Massa, announced this Wednesday the government’s decision to open a “process of repurchase of Argentine external debt for more than a billion dollars” with the aim of calming the markets.
A few seconds after hearing the announcement by the Minister of Economy, Sergio Massa, which lasted no more than 5 minutes, the little bird’s network exploded with comments. Below is an excerpt of the rapid response that economists and financial analysts have had in this regard:
Sergio Massa’s announcement was shortly followed by another measure which seeks to contain the rise of the dollar: a communication from the Central Bank of the Argentine Republic which decided to raise bank transfer rates to prevent the pesos from continuing to turn to the dollar. “The BCRA informs that from 18.01.2023 the rate for repurchase agreements with a duration of 1 working day is 72% while for active operations with a duration of 1 working day it is 97%.”
NS
Source: Clarin
