[1/2] Argentina's Cabinet Chief and vice presidential pre-candidate Agustin Rossi gestures in his office during an interview with Reuters, at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina July 21, 2023.
REUTERS/Agustin MarcarianBUENOS AIRES, July 21 (Reuters) - Argentina's financial crisis, which has been marked by exchange rate volatility and soaring inflation, should start abating in November and December, with large foreign currency inflows from the wheat harvest, cabinet chief Agustin Rossi told Reuters on Friday.
Argentina's prolonged financial crisis has been aggravated by a ferocious drought that reduced crucial agricultural exports by an estimated $20 billion this year.
"(Inflation) does not go down with abrupt devaluation... We do not believe that this is necessary in Argentina," Rossi said.
"We are optimistic, we believe that we will find a way," Rossi said of the IMF talks.
Persons:
Agustin Rossi, Agustin Marcarian, " Rossi, Nestor Kirchner, Rossi, Sergio Massa, Alberto Fernandez, Nicolás Misculin, Alexander Villegas, Rosalba O'Brien
Organizations:
Argentina's, Reuters, Casa, REUTERS, Peronist, International Monetary Fund, IMF, Thomson
Locations:
Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES, Vaca