Lacunza: "The Central Bank will use all its tools to stabilize the exchange rate" – Telam

Lacunza said Macri had given him the mandate to "ensure exchange rate stability".

Finance Minister Hernán Lacunza said today that the Central Bank will use all of its tools to stabilize the exchange rate within the current price range and argued that the measures promoted last week (increase of the minimum not taxable and VAT elimination in the European Union) some products, among others) will not have a greater tax impact because, simultaneously, the collection will increase.

The new official also said July had a primary budget surplus of $ 4,293 million. He explained that for the third quarter, a $ 20,942 million overconfirmation of the target agreed with the International Monetary Fund (IMF) was expected, while the annual surplus will be &,,,,,,,,,,, approximately $ 5,197 million.

The president asked me to summon the economic referents of all the spaces that clashed in the last elections"

"We have coordinated the objectives with the Central Bank, which will use at its discretion all the necessary tools so that the exchange rate does not leave the price range of last week," said Mr. Lacunza during his presentation in the microcineme of the Palacio de Hacienda.

The minister badured that President Mauricio Macri had stressed the need to "guarantee the price of the exchange rate as a first-rate goal and is all we can do best for Argentine families".