Dujovne sees no "reasons to worry" about rising dollar

The government of

Mauricio Macri

he sees no reason to worry
the rise of the dollar, which yesterday reached the threshold of 40 pesos per unit, and believes that this increase "should not" be moved to prices in the coming days.

"The non-intervention of the exchange is a decision of the Argentine government.

dollar

It rose to $ 41, fell to $ 36, is between $ 38 and $ 39. He is evolving in this area and, since there was no deflation before, we did not expect him to move (prices) now. We are very calm and the exchange rate is changing very easily, "said the Minister of Finance.

Nicolás Dujovne

, at a press conference after the cabinet meeting led by the president at Casa Rosada.

At a press conference shared with his transport couple,

Guillermo Dietrich

, Dujovne also downplayed, before a question of
THE NATION, the increase in country risk (reaches nearly 700 points) and the possibility of increased market distrust of the country.

"There is a strong correlation with the country risk of Argentina and bonds of the same rating, sovereign and issued by private entities, due to a situation of somewhat greater volatility in the financial markets ( …) we do not see any specific and idiosyncratic causes of Argentina for these movements, "said the Minister of Finance.

He added, referring to the rising dollar: "These are normal moves in an economy that floats in a non-intervention band, we had three weeks to be the currency with the best performance in the world, it is normal for the opposite movement to happen and the currency depreciates a bit, in line with the Brazilian Real, "added Dujovne.

In an optimistic panorama, the Minister of Finance pointed out the announcement of the

MFIs

, which yesterday confirmed the disbursement of 7500 million US dollars, which will arrive in the country next month. "Slowly, we live in a climate of great normality, tranquility and we are satisfied with the measures we are taking, which we need for Argentina to take the path of growth," said Dujovne. "The situation is on track for a very quiet December," he concluded.

During the conference, the ministers confirmed that the executive will send to Congress, Wednesday of next week, the agenda of the special sessions, which includes:
"anti-barrage" law, refloated after serious incidents around the River Plate stadium, which led to the suspension of the match against Boca Juniors for the Copa Libertadores final.