Article: “Minister of Finance: Complete the proposed budget model for the coming year and study the mechanisms for its implementation” People keep asking me about whether or not I think the rate is going to be here [2022 budget]. To be quite honest I’m not sure. It’s possible. If you prematurely jump up in value too quickly then you could really hurt your economy. As they continue to develop and grow they obviously are going to need a more powerful dollar. That’s why I think it’s possible that we can see a rate change happen because they’re going to be doing more importing IMO than they are exporting at the moment…it’s gonna take a ton of dollars to do that…They’re definitely not going to devalue their currency anymore that’s for sure. As they continue to grow they’re going to need a stronger purchasing power dollar.
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