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After Election Jolt, Caputo Meets Insurers and Vows No Shift in Fiscal or FX Policy

He sought to reassure markets by telling insurers the fiscal anchor stands, with the exchange-rate bands intact.

Overview

  • Economy Minister Luis Caputo held his first post-election meeting at the Palacio de Hacienda with insurance executives, joined by Finance Secretary Pablo Quirno and insurance regulator Guillermo Plate.
  • Caputo reiterated that the fiscal anchor will not be altered and said there will be no changes to monetary policy or the exchange-rate framework, citing signs of improving liquidity and interest rates.
  • He defended the banded exchange-rate regime, telling attendees the dollar is floating and that recent market moves were reasonably contained.
  • La Nación reported that Caputo told participants voters will have to choose “this or communism in 2027,” a remark the Treasury neither confirmed nor denied.
  • The government invited proposals to boost the insurance industry, emphasized financial education for youth and capital-market development, and highlighted new coordination and provincial dialogue tables.