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"Total delirium" and "fulbito for the tribune", the critics of the economists after the announcement of the announcement of Sergio Massa on the debt in dollars


Why the term '$1 billion' trended on Twitter. What do economists and financial analysts think?

Why the term "$1 billion" trended on Twitter


As always happens, the networks are the catalysts for opinions in favor of and against all current issues, and the movements and decisions of the Government in particular, as well as the reaction of the opposition, on the political or economic decisions that are taken ahead are no exception.

With the strong escalation of the blue dollar in everyone's eye, the Minister of Economy, Sergio Massa, announced this Wednesday the Government's decision to open a

"repurchase process of Argentine foreign debt for more than one billion dollars"

with the objective of calming the markets.

Seconds after hearing the announcement by the Minister of the Economy, Sergio Massa, which lasted no more than 5 minutes,

the bird network exploded with comments.

Below is an excerpt from the quick response that economists and financial analysts had in this regard.

Sergio Massa's announcement was added a while later by another measure that seeks to contain the rise of the dollar: a communication from the Central Bank of the Argentine Republic that decided to raise the rates of bank passes in order to prevent the pesos from continuing turning to the dollar.

"The BCRA informs that from 01.18.2023 the rate for passive repo operations with a term of 1 business day is 72% while for active operations with a term of 1 business day it is 97%."


look too

Battery of measures to stop the dollar: they raise the interest rate to the banks

First market reaction to Massa's announcement: bonds rise up to 11%

Source: clarin

All business articles on 2023-01-18

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