The UIA is excited about Moreno’s vision of a dollar to 6 pesos

January 24, 2013  |   Filed under: National  |   Posted by:

January 24, 2013
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Union Industrial Argentina (UIA) vice president Juan Carlos Sacco said today it is “logical” that the official dollar trading at 6 pesos by year-end, as projected Interior Commerce Secretary Guillermo Moreno.

“Moreno is already talking about a new dollar (to 6 pesos) and we believe that it is logical for competitiveness”, said the businessman on the radio.

He said: “I heard the President say to the head of the CGT ‘official allegedly’ in March, when they begin the joint, there is going to fix everything automatically: Earnings and wage hike.”

The leader said he “strongly agree” to increase the tax allowance for profit, as claimed by the unions, both ruling and opposition.

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