Fausto Spotorno

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Last quote by Fausto Spotorno

Its reserves were disappearing, so I think they felt let's stop and see where it goes. If they'd continued, they would have lost hundreds of millions in reserves a day, billions in a week, four billion dollars in a month and in five months they'd be tapped out.
Jan 24 2014
Fausto Spotorno has most recently been quoted in an article called Argentina to relax forex controls as peso falls, but no counter inflation measures. Fausto Spotorno said, β€œIts reserves were disappearing, so I think they felt let's stop and see where it goes. If they'd continued, they would have lost hundreds of millions in reserves a day, billions in a week, four billion dollars in a month and in five months they'd be tapped out.”.
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