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ARGENTINA: Milei Says FX Crawling Peg Will Slow To 1% If Monthly CPI Is Constant

ARGENTINA
EM BulletBulletGlobalEmerging Market NewsRegion
  • "*MILEI TO SLOW CRAWLING PEG TO 1% IF CPI STAYS CONSTANT IN 2024"
  • "*ARGENTINA'S MILEI COMMENTS ON FX POLICY AFTER OCT. CPI DATA" - BBG
  • President Milei said on X that the government will slow the FX crawling peg to 1%, from 2%, if monthly inflation stays constant for another two months.
  • Milei said that monthly inflation – measured by the headline figure minus what he calls induced inflation - is at 0.2% currently.
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  • "*MILEI TO SLOW CRAWLING PEG TO 1% IF CPI STAYS CONSTANT IN 2024"
  • "*ARGENTINA'S MILEI COMMENTS ON FX POLICY AFTER OCT. CPI DATA" - BBG
  • President Milei said on X that the government will slow the FX crawling peg to 1%, from 2%, if monthly inflation stays constant for another two months.
  • Milei said that monthly inflation – measured by the headline figure minus what he calls induced inflation - is at 0.2% currently.