Hernán Lacunza has not ruled out other dollar hikes

The Minister of Finance and Energy, Hernán Lacunza, said the dollar is high but does not rule out a further price increase. "It allows us to be competitive with the rest of the world," he said.

After receiving at the Palacio de Hacienda in William Nielsen and Cecilia Todesca, the economic referents of the Front for All, said for the first time that the time had come when the president asked him to be a minister.

"The governor called me Maria Eugenia Vidal at noon he asked me to meet the president and Horacio Rodríguez Larreta and Nicolás Dujovne I had submitted my resignation and they had thought of my name to replace him. I immediately told them that of course I was available. It seems to me that when a democratic president summons a citizen for public service purposes, there is no room for personal speculation. That happened with the next president who invited me to be part of his cabinet, to take over the finance ministry. I was inside the country for the weekend, I came on the plane and that night, I started to work, "he said. .

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Concerns that Nielsen and Todesca raised at Lacunza

In addition, he explained that the main objective and the "most important" of the new position will be to "maintain the stability of the exchange rate" because it is "the first sounding board of any stress financial".

"In the past, the dollar has been a great match for expectations and this is being pbaded on quickly to prices," he said.

"Any pressure on the exchange rate is nothing more than a speculative move, so it's foolish to deal with this trend because it would allow a free fall and would be detrimental to stability and to Inflation, "said the new Cabinet member. .

Therefore, he stated that "Reserves must contain irrational pressures."

During his visit to TN, the official stated that the "the dollar has reached its highest value in the last 12 years", in a "price that is above the long-term equilibrium and that allows us to be competitive and to stabilize Argentina's relations with the rest of the world".

In reference to the economic emergency situation of the province of Buenos Aires raised by the candidate for the governorship Axel Kicillof, think that "It's not right, the data are objective, published and there is no possibility of controversy."