Argentina's Cavallo criticizes central bank-media

ARGENTINA - Argentine Economy Minister Domingo Cavallo criticized the central bank on Apr 5 for keeping too tight a lid on bank deposits, arguing the lack of liquidity was partly responsible for high interest rates.

"During the past three years, the central bank had the necessary tools to expand liquidity and it didn't do so," Cavallo said, according to state news agency Telam. "That's why this is reflected in rising interest rates," he added, according to private news agency DyN.

The central

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: