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Wednesday, November 16, 2011

Dollar tension will 'begin to dissolve,' says Blejer

The former head of the Central Bank, Mario Blejer.

The former head of the Central Bank, Mario Blejer, assured today that in the exchange market “tension has been created, which will only start to dissolve as and when we minimize the analysis of the subject.”

According to Blejer, “a large part of the tension comes from the comments that have been made” over dollar trading.

During an interview with the press, Blejer recalled his time as head of the monetary fund and stated, “it was a difficult period, the reserves were deposits in dollars. Today it’s the other way around because there is no lack of dollars in the system.”

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Tags:  Blejer  dollar  trading  created  dissolve  minimize  


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