2023-08-10 20:34:57
The rise of the blue dollar during the last weeks It continues to cause people to talk and this time it was the Minister of Economy himself and presidential candidate for Unión por la Patria, Sergio Massawho referred to the subject with an ironic comment, in the preview of the STEP.
During an interview, the candidate for the Casa Rosada linked the exchange rate pressure that began last month to speculation by some political sectorsbelonging to the opposition, and assured: «Oh, coincidence: they moved 40 pesos in five days«.
In the middle of another day with the parallel currency risingthe head of the Palacio de Hacienda reiterated his criticisms against the “speculators”, whom he blamed for the rise in the informal market, and sought to clear up uncertainty about the economydays before the primary elections.
«Those who speculate and play with the uncertainty of the merchant who is watching us or the retiree who is at home, they take speculation to a small and informal market where the state does not have the capacity to intervene, which is the blue one, “he said in an interview with the Diario La Capital de Mar del Plata.
Massa also stated that this Wednesday the Financial Information Unit (UIF) and the National Securities Commission (CNV) “They reviewed the operation of the operations, only that they did, and the market was ironed«, in reference to the moderation of the rise.
“It is black money that they cannot explain where they got it from and that all it does is threaten price stability and peace of mind,” he added.
What Sergio Massa said about the possibility of a currency run after the PASO
Asked about the possibility of it breaking out an exchange run after the STEP this Sunday, as happened in 2019, Massa indicated that there is no possibility that something like that happen since, four years ago, I was «signed the non-intervention clause» with the IMF, a restriction that is no longer in force.
«For a long time, speculation revolved around financial dollars. There was a time when I got tired of that speculation and said “the non-intervention clause doesn’t apply anymore.”. I am going to intervene in the markets every time it generates instability in the prices of financiers because it generates instability in the prices of the economy, “he explained in that line.
Already at the end of the report, the presidential candidate admitted that it is “a huge challenge» Being a candidate and Minister of Economy at the same time, in addition to having « the responsibility of telling Argentines how to get out of the crisis and how to grow ».
Source: Argentine News
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