Analysts consulted by the Central Bank of Argentina will increase their estimates inflation for 2022 to 55% from 54.8% forecast for prevalence, following the monthly REM survey published the results by the monetary authority of the South American countries.
El Relevance of Market Expectations (REM) also revealed that the consultants consulted project a crime of the most large economy of Latin America of 3% this year from 2.9% estimated in the previous survey.
According to the poll conducted by the Argentine Central Bank between the 26th and 31st of January between 39 participants, the analysts predicted that the exchange rate will increase to 160 units per dollar in December and 228.11 at the end of 2023.
The Argentine economy has recently started to wait for a long recession, which will be deepened in 2020 due to the effects of the pandemic. Covid-19.
President Alberto Fernández’s Gobierno announces a week ago that he will reach an agreement with the International Monetary Fund (IMF) to refinance a debt of more than 40,000 million dollars with which it hopes to reduce the time constraint on its economic policies and reduce the inflation rate.
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Reference-www.eleconomista.com.mx