Detail of a US one hundred dollar bill. Photo EFE / André Coelho.
News in development
Before the opening of the markets, the Chief of Staff, Juan Manzur, the impact on the markets was minimized the appointment of Silvina Batakis as new Minister of Economy, following the departure of Martín Guzmán.
04.07.2022
07:45
Giovanni Manuel Barca
Silvina Batakis, the new economy minister, has already warned that she will respect the agreement with the IMF
The new Minister of Economy Silvina Batakis has launched two important signals in the last hours: she will respect the agreement with the IMF and will align herself with the vice president Cristina Kirchner. In this way, from their environment they tried to clarify the doubts that arose in the last hours before the versions promoted by some sectors of Kirchnerism on a possible revision of the agreement with the institution after Martín Guzmán slammed the door. Read more.
04.07.2022
07:35
Manzur downplayed the impact the Batakis appointment could have on the markets
The chief of staff, Juan Manzur, downplayed this Monday the impact on the markets that the appointment of Silvina Batakis could have as Minister of Economy, replacing Martín Guzmán, between the concern of specialists for a possible increase in the blue dollar and the concern for country risk, among other indicators.
“We are managed by the official price, the other variants do not have any kind of handle”, said the Prime Minister. And he has assured that there will be no exchange holidays, another of the doubts that arose during the hectic day on Sunday, due to the Independence Day in the United States.
04.07.2022
07:25
Ana Chiara Pedotti
After Silvina Batakis’ announcement, the crypto dollar has overheated and the idea of a bank holiday and exchange dissipates
The delay in calling Silvina Batakis successor to Martín Guzmán is the prelude to a Monday that promises to be full of financial stress, with dollars and debt securities under pressure.
The delay in the decision-making process was a very bad sign for the market, agree several specialists consulted by Clarín. Read more.
Source: Clarin