News of exchange

Drought could trim a third of Argentina’s economic growth this year

Today 15:47 Dryness that’s parching soybeans and corn across Argentina’s Pampas crop belt will shave US$4.8 billion off the nation’s gross domestic product this year, according to one of the first analyses of the economic impact of the drought.

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.

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.

Argentina will let foreign tourists bring in dollars at a lucrative rate

29-10-2021 15:02 Foreigners travelling to Argentina will be able to exchange up to US$5,000 to pesos at the more lucrative MEP (Medio Electrónico de Pagos) rate using a temporary bank account, according to new Central Bank rules.

The challenge of reducing the gap between exchange rates

04-09-2021 10:39 Continuing the current chasm is a recipe threatening economic revival and halting investments.

by Miguel Kiguel

Sputniks, dollars and justice: three things we’re missing

24-07-2021 00:38 Over the past few weeks, the so-called “pax cambiaria,” or exchange rate stability, that allowed for a very sluggish decline in inflation and a timid recovery in economic activity has been disturbed by turbulence.

by Agustino Fontevecchia

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

Amid tension, Farming groups call three-day halt to grain trading

09-01-2021 07:37 Three-day stoppage next week called by three of four main agricultural groups to protest suspension of maize exports.

Fernández: Currency market is messy, it needs order

11-10-2020 17:22 In the wide-ranging interview with El Cohete a la Luna, president says Argentina's currency market is messy and must be “ordered.”

YPF leads Argentina corporate bond rout on new forex limits

16-09-2020 23:27 Corporate bonds from Argentina posted their biggest decline in six months on Wednesday as a new round of capital controls and government restrictions on access to dollars threatened to provoke a wave of defaults.