Official sources assure that the currency policy will not change, after presidential spokesperson Adrián Ravier suggested in a streaming that the dollar could rise to 1,800 pesos in the coming months.
The Argentine government responded on Friday to the statements of its own spokesperson, Adrián Ravier, who suggested last night in a streaming program that the dollar could reach 1,800 pesos in the coming months. Sources from the Casa Rosada were blunt: “There is nothing; Ravier was mistaken.”
Ravier, who took over the position from Manuel Adorni, launched the hypothesis during his appearance on La Misa, the show hosted by Daniel Parisini on the pro-government channel Carajo. There, the economist compared the evolution of the exchange rate with that of previous administrations and stated: “That the exchange rate reaches 1,800, or 1,700, in a few months is a possibility.”
The spokesperson's words, in a country where the dollar's exchange rate is a key political and social thermometer, immediately caused discomfort within the government. The reference to an implicit devaluation of between 13% and 20% compared to the current value —the official retail dollar closed the day around 1,515-1,520 pesos— clashed directly with the stability narrative that Javier Milei's administration has tried to project.
Authorized sources from the Casa Rosada consulted by this outlet categorically denied that there is any plan for currency correction. “It is ruled out that this will happen. It is not in the planning,” they emphasized. Another relevant voice from La Libertad Avanza (LLA) pointed to the continuity of the current policy as evidenced by the dollar purchases that the Central Bank has been making in recent days, which have helped maintain the exchange rate at current levels.
This incident is not Ravier's first misstep since taking office. In recent weeks, the spokesperson had already generated controversy by stating that the government “did not agree” with a phrase from Lionel Messi about the economic difficulties faced by the population, later clarifying his position through the Official Response Office. He also referred to Argentina as a “banana republic” on social media, although he later attributed it to a “misinterpretation.” Even in his last press conference on Tuesday, he mistakenly read the wrong answer to a question from journalists.
Despite the accumulation of errors, libertarian sources admit that “he is slipping,” but they assume that Ravier will not be dismissed. “He is a good communicator; we will wait for him not to slip up again,” was heard in the official circles. For now, President Milei has not asked for his resignation.
The episode had a limited impact on the currency market. The official dollar rose slightly by 0.3% on Friday, though enough to mark a new high for the year. The government's reaction, however, was immediate and forceful, aware that any speculation about the exchange rate can unleash turbulence in an economy that is still seeking to consolidate stability.
For readers interested in the evolution of the dollar and the government's economic policies, the practical conclusion is clear: the official currency strategy remains unchanged, at least for now. The Central Bank will continue to intervene to contain the exchange rate, and any contrary statements should be taken with caution. Ravier's next press conference, scheduled for the coming days, will be closely monitored to see if he manages to avoid further slips.
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