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Spanish to English: Macroeconomic background General field: Bus/Financial Detailed field: Economics
Source text - Spanish Según el informe presentado por el Banco Central de la República Argentina a finales de 2019 denominado “Objetivos y planes respecto del desarrollo de las políticas monetaria, cambiaria, financiera y crediticia para el año 2020”, Argentina concluyó el año 2019 con una caída en el nivel de actividad cercana al 3% y con una tasa de inflación anual que superó el 50%, el nivel más alto de los últimos 28 años. En términos de los flujos cambiarios, en 2019 el déficit de la cuenta capital y financiera superó los 35.000 millones de dólares. Los capitales atraídos por las altas tasas de interés locales ingresaron sin contrapartida en inversiones productivas y se retiraron cuando ni siquiera las altísimas tasas domésticas pudieron compensar la creciente expectativa de devaluación. El país volvió a tener altos niveles de deuda externa que pasó a representar de 13,9% del PIB a fines de 2015 a 40,1% del PIB en el segundo trimestre de 2019.
Translation - English According to the report presented by the Central Bank of Argentina at the end of 2019 called “Objetivos y planes respecto del desarrollo de las políticas monetaria, cambiaria, financiera y crediticia para el año 2020” [Objectives and plans regarding the development of monetary, exchange, financial and credit policies for the year 2020], Argentina concluded 2019 with a fall in the level of activity close to 3% and with an annual inflation rate that exceeded 50%, the highest level of the last 28 years. In terms of exchange flows, in 2019 the capital and financial account deficit exceeded USD 35,000 million. The capitals attracted by the high local interest rates entered without compensation in productive investments and withdrew when not even the highest domestic rates could compensate for the rising devaluation prospect. The country once again had high levels of external debt that went from representing 13.9% of GDP at the end of 2015 to 40.1% of GDP in the second quarter of 2019.
Bachelor's degree - Universidad del Salvador
Years of experience: 1. Registered at ProZ.com: Aug 2019. Became a member: Aug 2019.
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Since finishing my course of studies on July, 2019, I have had the possibility to take to a professional environment all the knowledge and training acquired as an in-house translator for an accounting firm. I have also had the chance to work as a freelancer on an IT project.
I enjoy working on group projects as much as I enjoy working on my own, with the company of my cat.
My passion for words and detail-focused personality keep me engaged in translation as I search for the appropriate words and phrases. My second favorite part about translating is proofreading, which I do thoroughly before sending the finished product to my client. And, by the way, I always deliver on time. Love punctuality!
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