“It’s Not Destabilizing”: the Central Bank Assures that 75% of the Dollars that Are Bought Remain in the Country and Claims that the Arrears Have Already Passed
5 Articles
5 Articles
Vladimir Werning said the savers’ behavior is “stabilizing” and that these currencies can feed the capital market and banking anchoring
During the opening of the World Investor Week at the Buenos Aires Stock Exchange, Vice President of the Central Bank (BCRA), Vladimir Werning, analyzed the behavior of savers, the evolution of credit and the default in the banking sector. News Argentinas indicated that Werning highlighted a significant change in the fate of...
In the Stock Exchange, Werning stated that 75% of the currencies remain in the local circuit and ruled out state aid for debtors.
Vladimir Werning said that three out of every four official dollars purchased for savings remain in the country and ruled out that banking arrears threaten the credit system.
The vice president of the Central, Vladimir Werning, argued that the current exchange rate behavior “is not destabilizing“.
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