4 ms·
Yes, I'm aware of that. Doesn't change the fact that inflation is still high. But the real issue is, the "oficial" dollar rate is controlled by Central Bank, a
by vitorgrs 2y ago
Yes, I'm aware of that. Doesn't change the fact that inflation is still high.
But the real issue is, the "oficial" dollar rate is controlled by Central Bank, and it won't be for long. When, as he promised, he let the peso float totally free, we'll really know even if the inflation can continue at 30% yearly.
Let alone, together with this, the growth of this year, that will likely pressure the inflation. They managed to reduce the inflation to 2.7% monthly, while the country was in a 3% GDP recession.