Roberto Kachanowski on currency: “95% growth in the first half”

Roberto Kachanowski on currency: “95% growth in the first half”

2024-07-04 12:19:00

After two days of sharp exchange rate fluctuationsfinancial dollar and country risk decline And Merval’s stocks and bonds resumed their upward trend. In this context, the team E channel He contacted the economist Roberto Kachanowski, who spoke regarding the country’s economic prospects.

Currency Problems in the Millais Era

“In fact, the monetary base should not be viewed as“We have to look at it in nominal terms,” ​​Kachanowski said, later adding: “I estimate the monetary base increased by 89% last year.”

“It grew by 95% in the first half and exceeded the total issuance in 2023,” the economist said. “From mid-March to now, currency concerns have risen sharply”he added.

The Importance of Surplus to Roberto Kachanowski

Likewise, the analyst said the government is doing the opposite of what it announced. ““The government’s proposals must begin to be implemented,” he elaborated.

Finally, Kachanowski said the administration is moving debt from one government entity to another. “You need a consistent surplus to pay the bank fees”he concluded.

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