Exchange rate at $833 has been key for the CPI to drop to 20.6% in January from 25.5% in December. However, the price of the bonds and the country risk indicate that there are doubts about the power of the Government in this strategy.
The Government clings to a story where the fiscal anchor is what will allow it, hand in hand with an adjustment and recession, to accumulate dollars for the country to pay the IMF as long as it does not return to the markets and investments do not arrive.