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On a day that is already projected as a turning point in the country's economic history, President Javier Milei gave an exclusive interview on Neura where he described the end of the currency clamp as "a historic event" and "the day of liberation." After agreeing on new financing with the International Monetary Fund, the libertarian administration ended one of the most harmful restrictions inherited from the populist model: the dollar clamp.
"We are witnessing something never seen in Argentine history: fiscal balance, fixed money supply, and free exchange rate," stated the president. Unlike the failed attempt at currency opening carried out by Mauricio Macri, Milei assured that his government acts with a consistent program architecture, planned and executed in three phases: closing the fiscal tap (zero deficit), eliminating the quasi-fiscal deficit (Central Bank liabilities), and finally, the liberation of the exchange market.

The president emphasized that this exit was not an imposition by the IMF, but a sovereign decision: "It's a blatant and gross lie by lying journalists and economists," he shot without hesitation.
Regarding the exchange rate, Milei explained that "all monetary factors push for the exchange rate to fall," and projected a dollar that will trade below $1,000, stating that this will be the lower band of the new scheme. "It's not a devaluation," he clarified, "the lower band is below the previous official exchange rate, which was $1,100."
In the face of inflationary alarmism driven by media and opposition sectors, Milei was blunt: "Either prices go down or they go bankrupt. It's their decision, I'm not going to say what price they have to set." Thus, he targeted business speculation that seeks to perpetuate distorting practices now that the anchor of the official dollar has been removed. Among the immediate achievements of the measure, Milei highlighted:
The jump of more than 5% in sovereign bonds,
The country risk around 760 basis points, with expectations of breaking through 500,
And the concrete possibility of refinancing maturities without relying on new currencies.
Regarding dollarization, he reiterated his pragmatic and technical vision: "I can take all the money out of the economy at 911. At the top of the band, I have $15 billion left over. The possibilities are open."

In line with his direct style, the president lashed out against economists Carlos Melconian and Hernán Lacunza, as well as journalists like Carlos Pagni and Alfredo Leuco: "Operators and trash that poison people's lives with lies," he accused. He then dedicated his meeting with the U.S. Treasury Secretary, Scott Bessent, who visited the country to express the official support of the United States government. "Today the U.S. Treasury Secretary came to express support for Argentina. Go find the photo in the corner, filthy mandrills," he said with his usual forcefulness.
The president also categorically denied any pressure from Donald Trump to cut the swap with China and assured that "nobody asked for that. China renewed the swap, it's a lie that there are conditions."
Finally, he defended his adjustment policy: "We broke another myth. We made an adjustment in a context of zero credibility and it was expansive. My popularity is constant. We made a popular adjustment that we charged to the State and not to the people. We took 10 million people out of poverty."
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