MercoPress. South Atlantic News Agency
Argentine Central bank chief downplays any chance of devaluation of the Peso
Argentina's newly-appointed Central Bank (BCRA) governor Alejandro Vanoli claimed a “devaluation attempt” by 'concentrated powers' and rejected any official plans to downward the value of the country’s currency. He pledged to discourage speculation and to “put an end to abuses from financial institutions.” Read full article
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Disclaimer & comment rulesSo are they going to pay their debts or nor? Yes or no? Vanoli says the government is not afraid to use the reserves to pay its debts. Well come on then, get to it!
Oct 20th, 2014 - 08:21 am - Link - Report abuse 0Don't forget the $185.3 million still owing to British Gas Group Plc. It is still outstanding after Argentina reneged (2002) on a British-Argentine treaty from 1993 designed to encourage foreign investment.
Let's see it then, Señor Vanoli.
This guy looks like he is missing some chromosomes. In the same article in the Rg press he said inflation was caused by businesses making too much profit.
Oct 20th, 2014 - 11:12 am - Link - Report abuse 0They're doomed.
I love watching this slow motion train crash.
I can't wait until the screaming and fires start.
What is it with these guys and businesses that make profit? Some form of envy, or inverted snobbery?
Oct 20th, 2014 - 12:07 pm - Link - Report abuse 0In Venezuela successful business people are vilified as the very devil himself (by the looney-tunes hardcore Chavistas).
3. Its envy and greed and the insatiable gov't tax machine. Obama does it too. Marxists thru and thru.
Oct 20th, 2014 - 12:20 pm - Link - Report abuse 0It took 6 years for people to finally see what I was talking about when he was elected.
The best part of this Odumbo Presidency is that I think its ruined the Dems for another 30yrs like Carter did.
This guy is so up himself, if he really thinks this nonsense is true he will be walking on water next.
Oct 20th, 2014 - 12:27 pm - Link - Report abuse 0Let's hope it's the Plate.
5. Actually I get the feeling he is really really stupid and put there as a puppet for Axel.
Oct 20th, 2014 - 12:32 pm - Link - Report abuse 0They're doomed
Come on, yb, you should be good on this. He says there will be no devaluation. When will the peso next be devalued? With that sort of 'positive' statement, I'm thinking next month.
Oct 20th, 2014 - 01:03 pm - Link - Report abuse 0“ . . . strengthen the peso by raising fixed-deposit interest rates.”
Oct 20th, 2014 - 03:20 pm - Link - Report abuse 0OK, so its rotting roadkill and the effect of physics - classical or quantum - don't apply here. Hey Cannoli, how can this be anything other than inflationary which will cause the valuation of your pesos to do what?
His name is actually Canute... :-)
Oct 20th, 2014 - 04:26 pm - Link - Report abuse 0Are you guys for real or just a computer programmed to spew insult?
Oct 20th, 2014 - 04:31 pm - Link - Report abuse 0@10
Oct 20th, 2014 - 04:42 pm - Link - Report abuse 0Let's play a game. You have to guess the correct answer a, b, or c.
A) We are all bots controlled by the Death Star located some where in South Atlantic
B) We are all super - intelligent Stealth Penguins located in the secret nuclear base under the Falkland Islands
C) There is no 'we'. Just a lot of random strangers, from across the world who have a common interest in Latin American affairs, for a whole bunch of different reasons. However, a large proportion of these random people happen to think the current Argentine administration is a bit shit.
Please answer now.
@ 11 ilsen
Oct 20th, 2014 - 05:17 pm - Link - Report abuse 0I like the sound of B) ! :o)
@ 12 ChrisR
Oct 20th, 2014 - 05:57 pm - Link - Report abuse 0I know, but it is bugger trying to type with just two flappers and a beak!
Can't remember how many keyboards the team has ruined. 'Q' will be awfully miffed. I'm dreading the next visit from 'M'...
:o)
Capitan Drag Queen is trying to wrest U$ out of World Bank IDB.
Oct 20th, 2014 - 06:19 pm - Link - Report abuse 0It isn't going to happen
He's wasting his time
Nobody is going to deal with these maniacs, they're all just waiting to see if the next Prez is as crazy as this one.
I wouldn't think it is possible
But look at N Korea, Iran, Venezuela...those are the models they're using
“We are taking every step not only to stabilize the exchange market but also to create the conditions to accelerate exports sales,” Vanoli stated.
Oct 20th, 2014 - 07:25 pm - Link - Report abuse 0“ Well, that's at least what they told me to say in the script they handed me.” Vanoli said, adding “ So I hope I said it accurately, even if it makes no sense. ”
“ Well, sort of, before I lost the actual script. Más o menos ”
Unpaid Imports are up to U$5B...maybe more.
Oct 21st, 2014 - 01:50 pm - Link - Report abuse 0They're getting really desperate.
Watch for massive layoffs right after Christmas.
http://www.buenosairesherald.com/article/172727/bcra-launches-large-operation-against-foreign-exchange-offices-stockbrokers
Oct 21st, 2014 - 05:28 pm - Link - Report abuse 0They should try these tactics on drug kingpins and criminals like the motochorros who stole an ambulance:
http://www.buenosairesherald.com/article/172727/bcra-launches-large-operation-against-foreign-exchange-offices-stockbrokers
Maybe this was the asshole they released last month.
Oh my gosh, that is awful! Who on earth robs an ambulance! Outrageous and disgusting behaviour.
Oct 21st, 2014 - 06:37 pm - Link - Report abuse 0I hope they have a very nasty accident and the same ambulance crew turn up at the scene!
#11
Oct 21st, 2014 - 07:15 pm - Link - Report abuse 0I still think those posts are all alike, the product of a single mind. Did I say singled-minded?
Same for the bunch's haste to gang on anyone dropping by with a different optic, discouraging contributors and keeping the old wives club in a cozy and warm, all-agree environment.
It's your loss, Mercopress.
The solution is simple for such a complex thinker as you.....leave.
Oct 21st, 2014 - 08:08 pm - Link - Report abuse 017. What is hilarious is that they think it will work. Sure the Peso is “reported” down for a day.
Oct 21st, 2014 - 08:24 pm - Link - Report abuse 0Just reported
Nothing else
The trade is still happening it just moved around the corner.
I think CFK is mad because the black market peso trade is being recommended in the travel mags now.
ouch
@19 Enrique
Oct 21st, 2014 - 09:29 pm - Link - Report abuse 0So... you are going for answer A) just as Cristina instructed you to do so?
;-)
Moving on from my humourous little asides;
Is it a bunch, or a single mind? you haven't made that clear..
There are posters here from Argentina, Australia, Brasil, Canada, Chile, England, The Falkland Islands, Germany, London, Scotland, Spain, Uruaguay, USA, Venezuela, Wales and probably a few other places too. (sorry if I missed anybody out!)
I agree/disagree with them all on an individual basis, some topic by topic.
Some I can disagree with but still enjoy their posts. For example, I might not agree with their religous standpoints, but respect their political ones.
It's all relative, it's an internet forum. Lose the paranoia. Don't be so senstive. I like this site for the outspokeness of the posters. All with different agendas. All with varying degrees of passion for what they think is 'right'.
Try getting a grip! (I understand they are available in a store near you right now)
:-)
see you soon!
@ 17 Captain Poppy
Oct 21st, 2014 - 09:52 pm - Link - Report abuse 0No the other cowardly thug was not involved, but he has just been arrested again but not for trying to rob the Canadian, but for causing a violent ruckus in the street and when the Policia turned up he thumped one of them.
It was in the Herald earlier today but has since been pulled.
I get the latin channels on cable because it has televu.....for my wife. I saw that last night. We were both amazed...but really shouldn't be. Totally amazing way to manage crime........but then again when the politicians are criminals what else can be expected. You know they let him go because of human rights......i say shot him.
Oct 21st, 2014 - 10:59 pm - Link - Report abuse 0Its a Thuggish Regime. These Ks are uneducated, poor, terrorists. What do you expect?
Oct 22nd, 2014 - 12:49 am - Link - Report abuse 0I can't wait until next year...
What i Santa Claus' role in this?
Oct 26th, 2014 - 07:13 pm - Link - Report abuse 0Commenting for this story is now closed.
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