The economist of You never know, Carlos Burgueño, referred in his column today to the sayings of Michelangelo Pesce, president of the central bank, in relation to dollar official. There will be a devaluation of the peso but it will not be extreme, according to the official voice.
“Michelangelo Pesce He explained how they are going to devalue next year. And it is good that the president of the central bank, that he is a credible person, because everything else that is spoken about this will be speculation, that each one will see if he chooses to believe or not, “Burgueño began reflecting.
Michelangelo Pesce “He said what’s going to happen to him dollar official in 2022: they are going to devalue, that is, to dollar or to depreciate the peso, a few points below inflation. “Although he did not specify how much it will be, Burgueño estimates that it could be up to 5%.
How long do we wait for next year? “The private companies say that between 45 and 50% and more or less 36/37 is what they will include in the budget Martin Guzman. Therefore, we estimate that it will be between 40 and 47% “, answered Burgueño. And therefore,” a few points less, and always running behind inflation, will be what increases the dollar official”.
“As Argentina is supposed to have an agreement with the IMF and is going to have a better reserve position than this year, it is very likely that what it says Pesce is fulfilled “, analyzed Burgueño who also said that this message is particularly for all exporters and importers.” Suppose there is an inflation of 40%, the devaluation will be between 35 and 37%, “he insisted.
For Burgueño, “the idea of forecasting this dollar it has to do with the decoupling we are talking about. Uncouple as much as possible in a country like Argentina the evolution of the dollar and the speculation of people’s lives, “he concluded.