Economy Minister Hernán Lorenzino today played down the black market dollar transactions and revealed the so called «blue» dollar «makes me laugh.»
«The black market dollar is another instrument to push the government into a devaluation.» he said. «It’s still illegal, it’s a market with no clear price references. I laugh every time I see its value,» he added.
In statements to C5N TV network, Lorenzino stressed that the government’s «successfull» policy «is that where the exchange rate is administrated. Thus, I am not even interested in describing the US currency illegal market.»
«Those who promote the illegal exchange rate seek to seed uncertainty among the people,» Lorenzino warned.
Lorenzino insisted the government «will not devaluate» and said there are several options to save in pesos.
Source: Buenos Aires Herald