Claudio Loser warned that the measure "may aggravate the crisis"



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The economist and former director of the IMF's Western Hemisphere Department also said the banking sector "is protected".

Economist Claudio Loser warned Monday that the government's exchange control measures, what he called "light stocks" could "aggravate" the economic crisis.

"Exchange control measures, namely light stocks, are worrying, as this may worsen the situation.A gap will appear between the official exchange rate and the blue and this will ease the pressures on the Central Bank, but people will be scared and could get their money "from financial institutions," he said.

In statements on the radio, the former director of the IMF's Western Hemisphere Department also said that the banking sector "is protected.Friday, I said that it is n & # 39; There would be no corralito today, I say I do not believe, I do not see it in the near future, I think the situation will stabilize ".

The loser rejected the fact that the current crisis resembles that experienced in 2001, with the end of convertibility.

"It does not look like 2001, the economic situation is better.The trade balance was disastrous in 2001. Now, despite the recession, some improvements have begun to be observed," he said.

In his opinion, the current price of the dollar, above 60 pesos, "is completely competitive".

Finally, he said that the "reperfilation" of debt "is a dangerous weapon, it can scare many people."

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