El real de Brasil alcanzó un nuevo mínimo histórico al cerrar en 6,135 por dólar, marcando una depreciación de más del 1% en la jornada, en una economía que tiene un 4% de inflación anual.
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00:00Good evening everyone, welcome to the night of the 24th, welcome to MMC.
00:04Today was a day in which the dollar was still moving,
00:09which was totally asleep, and for the third consecutive day,
00:13it rose again, ending a little above the 1,200 pesos, the dollar.
00:19And the economic team showed that,
00:23despite the variations being just over 10% in three days,
00:29the government showed that it doesn't want the financial dollars to move much,
00:36that mark the rhythm of the dollar blue.
00:39In fact, today there was, when the financial dollars were also rising,
00:43the dollar MEP, which is the dollar within the financial system,
00:47with the purchase and sale of public securities, the dollar BOLSA,
00:51when it was also rising 2-3% per day,
00:55and completing an increase of 10% in the last three days.
00:59Remember that the dollar was almost perforating the 1,000 pesos a week ago,
01:07and now it is going to the 1,200 pesos.
01:12A very strong intervention, very strong in the bond market.
01:16Everyone there started to see the central bank of Bauxili,
01:20where, evidently, today there was a strong move to put a limit on the rise of the dollar,
01:27and that generated that the financial dollar,
01:30which is the one that operates much more importantly than the dollar blue,
01:34at some point in the day, when it was already rising to 1,160, 1,165 pesos,
01:41accompanying the rise of the blue, well, it went down.
01:46And the government stopped that financial dollar,
01:50and in some way that is the dollar that arbitrates with the dollar blue,
01:53which also, as I was saying, today closed at 1,205 pesos.
01:59The Minister of Economy has said, nothing happens,
02:01this has to do with people who go abroad and want to buy dollar bills,
02:06the blue moves because of that, it is not relevant,
02:10but evidently the government wants to have everything controlled,
02:15and in the intervention with the CEPO, the official dollar,
02:18it adds intervention to the financial dollar,
02:20so that the gap does not reopen, does not open again.
02:25What does exist is a concern with what is happening in Brazil,
02:29with two key prices for the Argentine economy at the moment.
02:34On the one hand, what is happening in Brazil,
02:36which today continued to devalue, depreciating the real,
02:39that is, there is a very strong race against the real,
02:42the Brazilian Central Bank is selling a lot of dollars,
02:45trying to stop the rise of the dollar,
02:48increasing the interest rate, trying to stop that exchange rate,
02:53and it is not achieving it.
02:54Today the dollar in Brazil, in fact,
02:57got close to six reals with 30 cents,
03:01a rise of 3%, a rise in the day of 3%,
03:06to give you an idea, it is an economy that has 4% annual inflation,
03:10and the dollar rises 3% in a day.
03:14And this dollar, which is now almost 6 reals with 30 cents,
03:20a scenario that no economist predicted two or three months ago,
03:24no one thought that the dollar in Brazil could exceed 6 reals.
03:28At the beginning of the year, in January, last summer,
03:32the dollar in Brazil was 4 reals with 80,
03:364 reals with 70 cents.
03:38Today it is exceeding 6 reals with 30 cents,
03:4330% up, an economy that, I insist, has 4% inflation.
03:47Brazil is cheapening very quickly in dollars.
03:50This, obviously, for the Argentines who go to Brazil,
03:53means a benefit, because everything will be much cheaper in Brazil
03:57than last summer.
03:59Argentina has had more than 170% inflation in dollars in the last year,
04:04and Brazil is cheapening in dollars.
04:07This is a very big incentive for Argentines going to Brazil,
04:10but the main concern of the government is not the Argentines
04:13who are going to spend the summer in Brazil,
04:15but what happens with the industry, with the Argentine productive sector,
04:19if Brazil is depreciating its currency,
04:22it is also decelerating its level of activity,
04:25and if in that context there is an incentive for Brazilian imports
04:31to cover the Argentine market.
04:33The other data is soy.
04:35Since the beginning of Javier Milley's government,
04:38soy has gone from $480 to $350.
04:43That is, the dollar is rising in Brazil.
04:45There it is, the next chart.
04:47Let's show it quickly, you can see the curves.
04:49Be careful, that plays against economic policy,
04:54that is, there is wind against it.
04:57Compared to this, soy was almost $500 a ton,
05:04today it is $350,
05:06at the beginning of Javier Milley's government it was $500,
05:08today it is $350,
05:10and the dollar in Brazil, which was below 5 reales per dollar,
05:13is above 6 reales with 30 cents.
05:17Now let's talk to Pablo Goldín,
05:19what does this imply for Argentine economic policy,
05:21which is trying to stabilize, a stabilization plan,
05:24with at least Brazil and external prices playing against it,
05:29in an economy that obviously needs to anchor the dollar to anchor prices.
05:33I'm calling Javier Mozo on the phone,
05:35he's in San Fernando because today a real tragedy happened
05:38at the San Fernando airport.
05:40Javier, how are you?
05:43Maxi, how are you? Good afternoon.
05:45Yes, unfortunately a real tragedy here around 1 and 18 in the afternoon.
05:50A plane that came from Punta del Este,
05:56the causes are not known, it will have to be unveiled,
05:58for that the experts of the Argentine Federal Police are working,
06:02for that, until a few minutes ago,
06:04the Federal Judge Sandra Arroyo Salgado,
06:06who is in charge of the investigation,
06:09will have to reveal the causes for which this plane
06:13did not land at the 1,800 meters long
06:16that the San Fernando International Airport has,
06:20but unfortunately, as is usually said, it went on for a long time.
06:25It went on for a long time.
06:26Let's show, look, we have a dome and a camera on the mobile phone.
06:30In the dome we are going to show the runway,
06:32because at this precise moment the runway is illuminated.
06:35The airport is obviously not operational.
06:37The runway is illuminated and until a few minutes ago,
06:40Mario Polese, our mobile phone technician,
06:42told me, you can clearly see the marks of the plane's deck
06:47at the end of the runway that suddenly bend to the right.
06:53Of course, they bend to the right because if the plane,
06:56at the speed that it followed, followed to the right, Maxi, guys,
07:01it was very likely that it would impact with a much larger number of houses
07:07that are no more than 100 meters from what is the end of that runway
07:12that you are seeing in images.
07:14What the pilot of the plane Fernández Loza did
07:19is try to dodge and try to get into one of the streets here.
07:25He did what he could, because it is speculated,
07:29the researchers are believing that the plane was coming
07:32at a higher speed than it should to be able to land.
07:37So that means that along the runway,
07:42it landed in the last quarter of the runway
07:46when it should have done it much earlier.
07:49This made it, unfortunately, unable to stop it.
07:52This is calculated, we will have to see the reasons.
07:55And it impacted against a tree, against vehicles,
07:59and ended up exploding.
08:02It exploded on several occasions, but the final explosion
08:05and the smoke columns, the dense smoke,
08:08were against a house where there were people.
08:11Many people were saved.
08:13They had several gods apart.
08:16Many inhabitants, many neighbors of the area.
08:19Unfortunately, the pilot and co-pilot of this aircraft
08:23belongs to the businessman Jorge Brito.