He dollar in the Argentine parallel market had a strong increase on Tuesday to close to A$ 500. The Minister of Economy, Sergio Massa, affirmed that all the tools would be used to correct the situation and even seek new exchanges with international organizations. In parallel, the International Monetary Fund (IMF) has already communicated that it is rediscussing a new agreement with the Argentine government before the dollar escalation.
The IMF confirmed that it is renegotiating the program with Argentina to “strengthen” it after the drought.
From the Monetary Fund they indicated that “the technical staff continues to work with the Argentine authorities to strengthen the economic program agreed with the country in the context of the very severe drought.” “Exchanges between the authorities and the International Monetary Fund team progress constructivelyThey said from Washington DC.
Massa affirmed this Tuesday that the State will use all measures to order the economic imbalance. He also said that for days there has been an atypical situation of rumors and false reports that have an impact on the dollar.
In the parallel market, the blue dollar reached A$ 497 (nominal record) and began to slow down after the words of the Minister of Economy.
On his Twitter account, Massa wrote that “for several days we have been experiencing an atypical situation of rumors, versions, false reports and their consequent impact on financial instruments linked to the dollar.”
“At the same time, we are going to continue with the multilateral agreements, exporters with the transformation of exports into yuan and the disbursement agreement with the IMF to strengthen the reserves that were affected by the impact of the drought,” he concluded.
In the same social network, he assured that the State will use all the tools to order this situation and that the IMF was notified of the restrictions that weighed on Argentina.
“At the same time, we are going to continue with the multilateral agreements, exporters with the transformation of exports into yuan and the disbursement agreement with the IMF to strengthen the reserves that were affected by the impact of the drought,” he concluded.
In addition, he assured that economic criminal justice will be used as a vehicle for investigation and clarification of some behaviors and the Financial Information Unit (UIF) and the National Securities Commission (CNV) for the analysis of operations related to money laundering.
With information from The Chronicler
