News of economy

As peso rallies, US eyes a small gain on its rescue

27-10-2025 18:17 Washington hasn’t disclosed the precise details of its unusual currency market interventions this month, but it says it made money.

Wall Street banks say Milei now has a chance to freely float peso

27-10-2025 17:57 Financial giants see a favourable scenario for Argentina to move towards a floating exchange rate for the peso and reignite a plan to rebuild reserves.

Trump hails Milei’s Argentina win, says US made ‘lot of money’

27-10-2025 09:25 Donald Trump offfers congratulations to Argentina's Javier Milei, tell reporters that libertarian's "big win" is sign Washington backed the right candidate.

Argentina bonds surge after Milei midterm win

27-10-2025 09:19 Dollar bonds soar on Milei's strong showing in midterms; Peso was already posting gains in the crypto market Sunday as the results were announced.

Election 2025 live blog: Milei celebrates strong performance in midterms

26-10-2025 08:00 Triumph for President Javier Milei's La Libertad Avanza in midterm elections; Share of national vote for deputies stands at more than 40% with 90% of ballots counted.

Make or break for Milei as nation votes in key midterm election

26-10-2025 00:01 Argentines will vote to renew half the 257-member Chamber of Deputies and a third of 72 senators; Peronism has around half of its seats up for renewal, while the ruling party’s alliance with PRO risks around 30%.

Milei, the two Caputos and the two anchors

25-10-2025 06:08 Milei and the two Caputos have the path laid out for them. The “two anchors” that will give them a future are tied to applying the necessary adaptations to the economic policy plan and creating the conditions for circumstantial legislative majorities. This situation appears possible under any electoral scenario, even a potent Peronist victory.

by Agustino Fontevecchia

Wall Street is wary of being burned by the ‘Milei trade’ again

24-10-2025 15:22 Global investors engaged in the "Milei trade" are bracing for another potential hit in the wake of this Sunday's legislative elections. 

Milei to meet Dimon, speak to CEOs two days before key election

23-10-2025 18:23 President Javier Milei will meet with Jamie Dimon during the JPMorgan Chase & Co chief executive’s visit to Buenos Aires this week.

Guillermo Oliveto: Milei’s austerity has created a ‘dual society’

23-10-2025 12:34 Voters are asking themselves “for what purpose and for how long” they should tolerate President Javier Milei’s austerity plan, says economist.

JPMorgan, Citi wade into Argentine FX to help US halt peso slide

22-10-2025 23:28 Peso snapped a five-day losing streak as Wall Street banks were active in the local currency market.

US unveils plan to bolster beef output, raises Argentine quota

22-10-2025 23:25 Trump administration, seeking to ease a surge in beef prices, is raising the tariff-rate quota for Argentine beef fourfold to 80,000 metric tons a year.

Bolivia’s next president Paz targets pragmatic path out of crisis

22-10-2025 11:04 Heading into his November 8 inauguration, Rodrigo Paz’s first test will be to replenish fuel supply that the outgoing administration of Luis Arce ran out of money to pay for.

Central Bank again intervenes to halt run on peso

21-10-2025 21:38 Central Bank said Tuesday it had sold US$45.5 million on the foreign exchange market to try and halt a run on the peso ahead of Sunday's midterms.

US backing won’t save Argentina without policy shift, economists warn

20-10-2025 22:58 Financial support from the United States government won’t be sufficient alone for Argentina, warn experts; Milei administration must change monetary policy if it is to stabilise finances long-term, they believe.

by Santiago del Carril

Bonds rebound as government announces debt buyback

20-10-2025 21:57 Finance Secretary Pablo Quirno says government plans to buy back sovereign bonds to reduce financing costs.

Diego Santilli: ‘President Milei has to win, even if by one vote’

18-10-2025 06:07 National deputy, who won the 2021 midterms against a united Peronism front, tops the slate of the new La Libertad Avanza alliance that is aligned with PRO. In an interview, he gives his view of the José Luis Espert case, vindicates President Javier Milei and pleads with citizens in Buenos Aires Province “to turn out to vote.”

Argentine FX traders estimate US Treasury sold over $200 million

17-10-2025 19:05 US Treasury bought more pesos Friday than it had in any other session, traders estimate; Currency continued to lose value despite Washington's support.

Citi sells pesos to Fed as part of US Treasury’s rescue

16-10-2025 23:32 Citigroup sold pesos to the US Federal Reserve on Thursday as part of Scott Bessent’s wide-ranging effort to buoy the currency and Javier Milei’s administration.

Argentines dump the peso, betting US rescue is doomed to fail

16-10-2025 19:05 Argentines are convinced that even a flood of cash from the United States won’t be able to stop another painful devaluation of the peso.