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Cristina Kirchner Accuses Milei of Burning Reserves, Taunts Over Alleged Audio Linking Karina Milei

From house arrest, she alleges more than US$1 billion was sold in two days to prop up the peso using multilateral loans.

Overview

  • Kirchner charged that the Central Bank offloaded dollars to hold the exchange rate before October’s legislative vote and said the push was financed with IMF, World Bank and IDB funds.
  • She targeted Economy Minister Luis Caputo over his vow to sell at the band ceiling and labeled the strategy a carry-trade windfall.
  • Market tallies cited by local media reported Central Bank interventions totaling about US$1.11 billion over three days after the dollar hit the top of the band.
  • She referenced the president’s Córdoba interview noting talk of a potential U.S. Treasury loan, which has not been confirmed.
  • Her post also mocked audios attributed to ex-official Diego Spagnuolo that mention a 3% cut for the presidency’s secretary, as Milei suggested the recordings could be generated by artificial intelligence.