After Sergio Massa agrees with banks to kick off 2024 and 2025 debt maturities for $7 trillion, blue dollar it closed a peso down and closed Tuesday at $371.
New in development
Expoagro: the exchange has entered the agenda and has generated a heated debate
The debt-to-peso swap launched by the government on Tuesday continues to cause a stir among economists of various political persuasions. The discussion moved to Expoagro yesterday, where the financial company Allaria organized a panel led by Marina Dal Pogetto, Emmanuel Alvarez Agis and Hernán Lacunza.
It was a lively discussion, which attracted the attention of some 300 people who crowded into a tent (some sitting on the ground) with little air conditioning.
“Offering a dual bond that gives the lender the choice between devaluation and inflation, whichever suits them best, is costly. If we give them the option to sell the bond at any time, that is directly an operation on the part of the user,” Lacunza said. To know more.
The blue dollar closed at $371 on Tuesday
The US currency that you get in the parallel market started the wheel down and cut during the day. It closed one weight below Monday’s price.
Source: Clarin