The embrace of Alberto Fernández with Silvina Batakis and Sergio Massa
Like almost everything in the country, Argentines get used to a vortex that is difficult to assimilate and difficult for foreigners to understand. What was supposed to be a structural innovation for the government and the functioning of the country was dismantled in just 30 days. Almost a month after the embrace of President Alberto Fernández with Silvina Batakisthat Monday 4th July, this Wednesday 3rd August he hired Sergio Massa in his portfolio and received the same affectionate greeting of the head of state. But that Argentina is already very different from today.
The affection and exuberance with which the president celebrated the appointments are identical, but the urgency is increasing.
By the time Batakis was sworn in as Economy Minister at 5:35 pm on July 4, the market and the real economy had already made their distrust of the management just begun felt: the blue dollar that day triggered a rally that led to it hitting $. 280, but returned to close at $ 260, a jump of $ 21 pesos that day. This Wednesday, on the other hand, he made a smaller jump of $ 7 and his price closed at $ 298.
But in between, beyond the $ 38 difference between one informal market value and another, the fluctuation has been greater in these 30 days. On July 21, it reached $ 338is the all-time high.
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Source: Clarin
