Measures should contain the dollar this Monday. Photo EFE / Juan Ignacio Roncoroni.
News in development
On a day of economic announcements by the government to try to contain tensions with the dollar and inflation, there is uncertainty about the opening of a new week on the markets.
Last Friday, the blue dollar closed at 273 pesos, while the one used by companies broke the 300 pesos barrier.
11.07.2022
08:40
Ana Chiara Pedotti
As the dollar soars, doubts grow about what they will do to calm it down
Economy Minister Silvina Batakis announced on Monday economic measures to contain the market crisis and inflation. Photo Martin Bonetto.
In just six sessions in July, accelerated by the high level of uncertainty caused by the slamming of Martín Guzmán’s door and the fighting within the Fernández-Fernández government duo, the tally with liquidation went up by more than 19% to add almost 49% increase in its price since the beginning of the year. Read more.
11.07.2022
08:20
Given the tensions on the dollar and inflation, the government announces new measures this Monday
Batakis works with his team during the July 9 holidays.
The government advanced this Sunday in defining new measures to support the Minister of Economy, Silvina Batakis, and stabilize the markets in the context of the exchange rate crisis, the lack of products and renewed inflationary pressures. The president and the official went through the details for nearly three hours in Olivos, where they met from 5pm to 8pm to finalize the announcements that will be announced in the next few hours. Read more.
Source: Clarin
