· Santiago Bausili Wiki · Banco Central de la República Argentina WikiFinance, economics and investments
Read full speech on bis.org ↗ContextPresentation by the President of the Central Bank of Argentina at Expo EFI in Buenos Aires, a finance and investment fair.
Why it mattersA rare English-language account of Argentina's stabilisation programme from its central bank president.
Problems raised
- Argentina needed to cut very high inflation.
- The exchange rate had to be stabilised.
- Last year's interest rate shock hurt loan quality.
Solutions proposed
- Pursue a stabilisation programme since late 2023.
- Anchor inflation expectations and build reserves.
- Support credit as loan portfolios improve.