# Press conference by Guido Sandleris | BCRA

> BCRA Governor Guido Sandleris explained the September 1 measures aimed at protecting exchange rate stability and savers. He said Argentina's country risk had tripled and the exchange rate had risen nearly 30% since the primary election. He stressed the need for political consensus on economic policy.

- Date: 2019-09-02 · published 2019-09-02T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/57371-press-conference-by-guido-sandleris-bcra
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

The central bank's explanation of the controls signals that currency intervention may continue, which affects the peso and the cost of Argentine exports. Policy uncertainty keeps export-sector pricing volatile.

## Read by commodity

- USDARS: neutral

## Sources

- bcra.gob.ar: https://www.bcra.gob.ar/en/news/press-conference-by-guido-sandleris-4/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.