Currency crisis Argentine peso to slide 70% by next year, predicts Bank of America 16-08-2023 11:54 The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according to Bank of America strategists.
THIRST FOR DOLLARS A guide to Argentina’s many exchange rates 10-08-2023 08:44 Anxiety is showing in markets just days before a key primary vote that will decide who are the candidates for the October 22 election.
FINANCIAL TURBULENCE Financial turbulence: ‘Dólar blue’ hits 600 per greenback 09-08-2023 21:35 Parallel exchange rate passes psychological barrier of 600 pesos per dollar in lead-up to this weekend’s PASO primaries.
MARKET TURBULENCE Peso drops to all-time low on parallel markets as Massa lays out IMF deal 24-07-2023 19:18 Strong volatility on the markets – while bonds in foreign currency appreciated after the pre-agreement with the IMF and the announcement of foreign exchange measures, the informal currency jumped to a new record. What analysts say. by Lorena Rodríguez
BLOOMBERG – FEATURE Argentina cracks as peso plunge raises risk of messy devaluation 28-04-2023 12:39 Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation.
FINANCIAL TURBULENCE President Fernández accuses opposition of fuelling peso fall 25-04-2023 17:55 Argentina's currency extends multi-day slump to weaken on parallel exchange markets against dollar to 497 pesos per greenback, with President Alberto Fernández and Economy minister Sergio Massa lashing out at "rumours and false reports."
FINANCIAL TURBULENCE Economy minister vows to use ‘all tools’ to stop peso’s slump 25-04-2023 15:10 Argentina’s Economy Minister Sergio Massa vowed to staunch a collapse in the nation’s parallel currency rates as the peso’s worth slumps to record lows.
FINANCIAL TURBULENCE Massa to use ‘all state's tools’ to counter exchange rate turmoil 25-04-2023 15:02 Economy Minister Sergio Massa vows to use “all the tools of the state” to bring “order” to dollar-peso turbulence, as he blames “rumours and false reports” for exchange rate turmoil on parallel markets.
MARKET RUMOURS Argentina brokerage apologises after spreading devaluation rumour 22-04-2023 18:26 Brokerage firm Max Capital Valores said it “deeply regretted” spreading misinformation over a currency devaluation of the nation’s official exchange rate.
EXCHANGE MARKETS 'Blue dollar' hits 420 – the reasons behind exchange rate turbulence 19-04-2023 12:31 Argentina’s complicated exchange rate spectrum was hit by further turbulence on Tuesday. The reasons behind the instability, according to the experts. by Santiago Escobar
FINANCIAL TURBULENCE Peso slumps in parallel market as inflation soars 18-04-2023 20:29 Argentina’s peso tumbled as much as 4.2 percent in the parallel exchange market Tuesday, the most this year.
WHAT LIES AHEAD IN 2023 Economy 2023: inflation and austerity in an election year 11-01-2023 23:28 The new year will be in a state of permanent tension, as Argentina grapples with spending cuts contained in the agreement with the International Monetary Fund and the political needs of a president in an election year.
EXCHANGE MARKET Argentina’s black-market peso slumps to record ahead of holidays 29-12-2022 15:33 Argentina's black market exchange rate plunged to a record low this week, with the blue dollar hitting 357 pesos per greenback.
HUNT FOR GREENBACKS Government tries to tempt tourists in search for dollars 04-11-2022 00:07 Authorities to let tourists use their credit and debit cards to tap more generous parallel new exchange rate in bid to boost Central Bank reserves.
CURRENCY CONTROLS Qatar and Coldplay: Argentina multiplies its exchange rates 13-10-2022 01:43 The 'dólar Catar' and 'dólar Coldplay' were added to Argentina's exchange control jargon on Wednesday.
NEW MEASURES New taxes slapped on concerts, spending on cards overseas 12-10-2022 16:04 Aiming to "protect reserves for production and job creation,” the National Government introduces new levies to discourage purchases in dollars with debit and credit cards; New measures affect foreign currency purchases in excess of US$300, trips abroad and luxury goods.
BLOOMBERG Argentina’s black market peso sinks on economy minister shake-up 04-07-2022 14:16 Argentina’s black market exchange rate tumbled on Monday after left-leaning economist Silvina Batakis was appointed as the new economy minister.
Finance & Markets 'Blue dollar' continues to rise amid financial turbulence 28-06-2022 17:46 Parallel dollar quoted at 239 for sale, reaching 242 in some provinces; Country risk soars to record high.
BLOOMBERG Volatility roars back to Argentina's FX market on commodities drop 27-04-2022 20:26 Volatility has come roaring back to Argentina’s currency market.
ECONOMIC INDICATORS Peso weakens against dollar in parallel exchange markets 26-01-2022 18:34 Argentina's currency depreciated even further on parallel foreign exchange markets on Wednesday, hitting a record 221 pesos per US dollar.
ECONOMIC INDICATORS Blue dollar soars to record high as New Year draws closer 30-12-2021 13:10 Argentina's currency plunged on Wednesday on the parallel market, with the ‘blue’ dollar hitting a record high of 209 pesos, marking a 103 percent gap with the official exchange rate of 108.16 per greenback
FINANCIAL TURBULENCE Blue dollar takes a breather after week of turbulence 12-11-2021 22:04 The so-called ‘Blue Dollar’ fell to 202 pesos per greenback on the last business day before the elections.
Finance & Markets Currency turbulence continues in lead-up to midterms 10-11-2021 22:49 Argentina's currency fell sharply on Wednesday in unofficial exchanges, with the so-called 'blue dollar' selling at an all-time high of 205 pesos.
ELECTIONS 2021: ANALYSIS Inflation, exchange rate turmoil complicates government’s election hopes 08-11-2021 11:20 Incessant price rises and the runaway blue dollar are key concerns for the Peronist government as campaigning for Argentina’s midterm elections enters final week. by Mirta Fernandez
FINANCIAL TURBULENCE Currency turbulence continues: Blue dollar closes at 199 05-11-2021 18:26 In the last three weeks, the 'blue' dollar has soared 15 pesos, widening the gap over the official exchange rate and adding to inflationary pressures.
ECONOMY MINISTER Martín Guzmán: ‘There will be no devaluation’ 25-10-2021 11:02 Argentina’s economy minister plays down rumours of an upcoming devaluation, declares that record US$57-billion IMF credit-line was “a political loan” that helped finance Mauricio Macri’s re-election campaign.
CURRENCY Pre-election jitters send blue dollar, country risk rate soaring 22-10-2021 21:56 Peso weakens in parallel and informal exchange rates, sending JP Morgan ‘country risk’ rate soaring.
BLOOMBERG – ANALYSIS Argentina's peso weakens past key level in parallel market 22-10-2021 19:01 Argentina’s parallel exchange rate weakened past a key threshold on Friday, as demand for assets in hard currency climbed ahead of the upcoming midterm elections in November.