January 17, 2018
Monday, January 27, 2014

CFK criticises banks, financial 'speculators'

CFK poses with Brazilian president Dilma Rousseff, in a photo posted today on the head of state''s official twitter account
President Cristina Fernández de Kirchner used her personal Twitter account to rail against figures in the banking and financial industries, which according to the head of state used speculative practices to send Argentina into default in 2001.

The president's comments, just days after the peso experienced a sharp devaluation, are the first time she has referenced the economy since the exchange rate drop and a subsequent liberalisation of currency purchases.

"[Brazilian president Dilma Rousseff and myself] spoke in depth. The principal issue speculative pressures on the exchange rates of emerging countries," CFK began, referencing a meeting held with the Brazil chief in Cuba.

"It seems that some want to see us eating soup again, but with a fork. Who? The usual.

"Those who kept your savings in 2001 and we had to pay you back, with the Boden 12 [bond]. The banks: only through them can all the market's especulative actions be carried out," she concluded on the social networking site.
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Tags:  CFK  opposition  dollar  Cuba  

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