News of devaluation

Argentina is running out of cash to stave off devaluation

02-08-2022 18:10 Argentina teeters on the precipice of severe financial crisis. Peso devaluation looms, with potential for hyperinflation.

Bloomberg

Argentina’s black-market peso hits record as crisis mounts

20-07-2022 15:31 The unofficial Argentine peso has dropped to a historic low this Tuesday, which has exacerbated the crisis provoked by the resignation of former Economy minister Martín Guzmán earlier this month.

BLOOMBERG – ANALYSIS

Three signs show that Argentina is heading to a devaluation

29-06-2022 22:02 Need to increase the monetary base to meet payments on peso debts and finance spending, plus a drop in agricultural exports and an increase in energy imports, all spell trouble for Argentina's currency.

BLOOMBERG

Miguel Pesce: FX adjustment not included in IMF talks

02-12-2021 14:28 Negotiations to reach an agreement with the International Monetary Fund do not foresee an exchange-rate adjustment, said Central Bank chief Miguel Pesce.

ELECTIONS 2021

Concern over 15-N: Alberto’s dinners with business leaders

11-11-2021 12:52 Shadows loom over the government's management. Already punished in the PASO elections, with the possibility of a repeat or even worse this coming Sunday, Frente de Todos’ concerns are growing.

by Javier Calvo

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.

BLOOMBERG – ANALYSIS

Argentines are desperate for dollars as bets on devaluation soar

21-10-2021 14:31 Argentine investors are growing increasingly pessimistic on the peso, betting it’s inevitable the government will be forced to speed up devaluation after November elections.

BLOOMBERG

Argentina slows peso devaluation in an attempt to curb inflation

01-07-2021 07:55 Policy makers see slower peso depreciation, managed by the Central Bank in a so-called 'crawling peg,' as a key tool to curb rising inflation expectations.