Exporters Await the Dissolution of the Fog of Uncertainty
The industrialists supporting the program against inflation expect the Central Bank to implement a 'timely' interest rate cut. Sector representatives indicate that a delay in interest rate reduction will result in a loss of strength for the industry, while noting that an early rate cut could undermine the gains achieved so far. According to reports, industrialists and exporters endorsing the economic management's program to curb inflation are calling for a timely reduction in interest rates, which have risen to 50%, due to delays in investments, increasing financing costs, and price concessions in export markets.