policy of temporarily high interest

An agreement with the IMF, and the inflow of fresh funds to strengthen the reserves position, would allow interest rates to be reduced without generating capital flight, and exchange rate stability could be maintained even without the carry trade. Seen from this perspective, a policy of temporarily high interest rates to buy time, keep the dollar stable, protect international reserves, and consolidate the decline in country risk and inflation, may be an optimal strategy, a transitory bridge towards a post-IMF agreement scenario, with much greater financial leeway. Unlike other negotiations with the IMF, this one does not seek to control a crisis, but to consolidate a comprehensive stabilisation plan already underway. Argentina has carried out on its own สล็อต