The Vice President of the Central Bank of Argentina, Jorge Carrera, stated that the agreement reached by the Governor with the International Monetary Fund (IMF) could help make the dollar more flexible for the companies, but not for the listeners.
The official indicated that one of the main points of agreement with the IMF “is accumulating reserves”, in addition to reducing monetary emissions and including interest rates, as planted by the Minister of Economy Martín Guzmán. “In this context, the idea is that in the first months or years the current characteristics are maintained, but the degree of tenure of capital mobility is gradually reduced, not speculatively, but there is an extraneous inversion”.
In declarations on Urbana Play FM, Carrera will point out that the objective is to gradually flex the cepo cepiario “for the inverse inversion, the giro of dividends, the mobility of utilities and the remission of funds”.
The second vice-president of the BCRA explained that “while more is consolidating the super-commercial, the super-current in currents and the accumulation of reserves”, these restrictions are in place. I think that this plan is vigilant in “companies that increase exports”, and that it is applied as a means “for a percentage of those who have the freedom to take advantage”.
Declare that the liberalization of the dollar restrictions will not increase the “speculation” activities. Point out that the purchase of dollars with the solidarity is equal, of the same way as the purchase of passages to the outside. “It is convergent because the program will help to close the gap between the solidarity dollar and the dollar”.
Reference-www.eleconomista.com.mx