BLOOMBERG As devaluation talk swirls, Argentine traders rush into new bond 02-11-2020 19:18 Amid fears of a steep devaluation, traders in Argentina are falling over themselves to snap up local government notes that are linked to the US dollar.
BLOOMBERG Argentina can avoid a devaluation, says Domingo Cavallo 30-10-2020 14:35 Former economy minister Domingo Cavallo tells Bloomberg in an interview that it’s still possible to avoid a one-off devaluation of the peso.
ANALYSIS When nobody wants pesos: currency meltdown upends business 24-10-2020 05:51 Argentina’s battle to control its currency is upending its economy, wreaking havoc on everything from household finances to the production and sale of common goods.
FINANCIAL TURMOIL Guzmán: 'There will be no devaluation' 24-10-2020 05:44 Economy minister says currency will depreciate ‘hand-in-hand with inflation,’ as blue dollar soars to close at record high of 195 pesos per greenback.
56th IDEA colloquium Fernández rules out devaluation, bank-deposit freeze at IDEA 17-10-2020 10:13 Peronist leader sticks to his guns over government policies, telling business leaders that his government is “convinced that this is the path.”
THE WEEK IN ARGENTINA What we learned this week: October 10 to 17 17-10-2020 10:05 A round-up of stories that caught our eye over the last seven days in Argentina.
Exchange rate Fernández says no devaluation of peso on the way 14-10-2020 08:09 Argentina’s government is not going to devalue the peso, President Alberto Fernández said Tuesday night amid widespread speculation on the issue.
NEW STUDY Average wage fell 44.3% in dollar terms under Macri government, says study 20-02-2020 07:30 New report finds there has been a collapse of the average income in dollar terms since 2015, dropping from US$1,385 to just US$771 in four years.
BLOOMBERG - OPINION John Authers: Trump doesn’t understand currency wars, either 02-12-2019 22:47 Any implication that Argentina is deliberately weakening its currency for competitive advantage is beyond absurdity.
Bloomberg Central Bank seen seeking weak peso under Fernández 18-11-2019 12:17 Fernández has promised voters he will revive the economy from its slump. He now intends to make the Central Bank a centrepiece for that strategy.
ECONOMIC TURMOIL AFTER PASO ELECTION Peso closes almost 20% weaker against dollar after chaotic week 17-08-2019 11:32 Abittersweet close to a week of unprecedented market turbulence fell short of turning Black Monday into Good Friday – both the exchange rate and country risk were below the week’s peaks at 57 pesos and 1,656 points respectively as the long weekend finally kicked in yesterday. But the rebound, as the week closed off, was accompanied by a steep double downgrade.
PASOS 2019 Pichetto: “This is a punishment from the middle class” 12-08-2019 13:59 The Peronist leader said after the stunning defeat of the Juntos por el Cambio ticket that it was a reaction from people who were hurt by the 2018 devaluation.
ELECTION 2019: ELECTION 2019 Argentina’s election won’t change its economic options 01-06-2019 12:05 Voters will have the last word in October, but whoever wins the election will face the same narrowing policy choices and even less room to improvise than Macri. by Mac Margolis