Argentina’s wealthier neighbors are vacationing far less in the South American country famed for its beef, red wines and ...
Leaving history behind, Argentina has a system in which the most important foreign exchange transactions take place.
The Argentine peso experienced a slight weakening against the U.S. dollar in the first trading session under a new currency ...
Argentina has introduced a new denomination of banknotes, the 10,000 peso bill (equivalent to about 10 U.S. dollars), in response to the country's ongoing struggle with high inflation. The Central ...
The Government of Argentina Monday ordered a 22% devaluation of the national currency which stood at AR$ 365 / US$ 1 on the official market. Financial authorities also raised the interest rate ...
The announced change in the peso’s slide came just after the statistics agency showed a cooler annual inflation print of 118%. The last rate cut took place Dec. 5. Argentina still maintains a ...
BUENOS AIRES (Reuters) -Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s libertarian President Javier Milei is slowing the monthly devaluation of the peso, extending ...
"However, we estimate that the cut will be around 400 basis points, which would leave a higher spread and further encourage traders to borrow in foreign currency." Markets in Argentina have ...
Crawling peg to slow to 1% beginning next month Decision could prolong recent market rally, say investors Announcement follows data showing annual inflation slowed in December Central bank sees ...