Dollar blue increase, The government talks of a “financial coup”

March 21, 2013

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After the blue dollar rally, President Cristina Fernandez de Kirchner met with key Argentina economic bellwethers to discuss the issue.

The Economy Minister Hernán Lorenzino and vice Kicillof Axel, the president of the Central Bank of Argentina (BCRA) Mercedes Marco del Pont and by telephone, Interior Commerce Secretary Guillermo Moreno, attended the meeting.

There it was determined that the parallel dollar rally, which reached the $ 8.75 in yesterday, was carried out by a financial maneuver that attempts to destabilize the economy by a small group of market power.

The country was attacked by a “financial coup similar to that suffered by Cristina de Kirchner after the victory of October 2011,” sources said to the newspaper Ambito Financiero.

Consequently, the Government would be looking for a strategy to control the gap between the official dollar and the parallel that came to 67%.