Dollar Rise: The government ruled out applying a new “stock or restriction” to the purchase of foreign currency

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Dollar rise: the government ruled out the application of a new one

The government assures that it will not set a new trap.

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The government assured this Thursday that it does not plan “apply a trap or a restriction” to the purchase of foreign currency.

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“We absolutely exclude the announcement of a measure to this effect. The Minister of Economy (Martín Guzmán) has asked me to do so,” said the spokeswoman for the presidency, Gabriela Cerruti, in the usual press conference on Thursday at the Government House.

In recent weeks, the foreign exchange market has shown instability due to the war between Russia and Ukraine and the consequent impact on the global economy, with the sharp increase in the prices of fuels and raw materials.

Despite the strong liquidation of foreign currency by agro-exporters so far this year, Argentina has had a hard time increasing Central Bank reserves because dollars were needed to import gas, which had a sharp rise in the international price. .

Furthermore, yesterday the United States Federal Reserve (FED) raised the reference rate by 0.75 to curb the sharp rise in domestic prices, which affects the world economy.

Meanwhile, the dollar opened this morning at 121.75 in buy and 127.75 in sale on the board of Banco Nación, at the same closing values ​​as yesterday.

News in development.

Source: Clarin

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