News of exchange rate

Banco Galicia CEO: Inflation will keep battering banking returns

19-02-2021 12:42 Argentine banks took a beating last year, and the nation’s biggest lender says the industry is at risk of a repeat performance.

FINANCIAL TURMOIL

Economy Ministry to halt Central Bank advances until end of 2020

03-11-2020 12:53 Economy Ministry says it will not ask the Central Bank for temporary advances of cash in November and December and would target local capital markets for financing instead.

IN FOCUS

Economy Ministry takes steps to relieve pressure on currency markets

21-10-2020 18:59 Economy Ministry unveils new measures designed to reduce the pressures on volatile currency markets and ward off devaluation.

Bloomberg

Government to devalue peso faster while it fights reserves drop

01-10-2020 23:09 The Central Bank will end a policy of “uniform devaluation” and allow greater volatility, according to a statement sent by the institution led by Miguel Pesce after hours Thursday.

Bloomberg

Argentines are abandoning a trade that hedged currency risk

14-09-2020 16:02 Dollar-linked instruments in the local market are being abandoned amid speculation government will create a weaker parallel exchange rate while giving investors less favourable terms.

Bloomberg

Negative-yielding corporate bonds are all the rage in Argentina

30-07-2020 14:21 Argentine companies issued a record US$596 million of dollar-linked bonds domestically in the past two months, and about a third now pay negative yields. Investors, nevertheless, are lapping them up.

Bloomberg

Brazil's Central Bank will intervene 'as long as needed' to support real

09-03-2020 13:49 The Brazilian Central Bank pledged to support its tumbling currency with all instruments and for as long as needed just as it stepped heavily into the spot market for the first time this year.

EXCHANGE MARKETS

Tensions in exchange markets intensify ahead of election

24-10-2019 14:29 Peso selling at 62 per US dollar on official markets, reaching as high as 69 per greenback in Córdoba.

PASOS 2019

Dollar already being sold at 49.50 pesos on Internet

12-08-2019 09:40 Market predictions diverged from the actual votes of Argentines as markets prepare for a post-Cambiemos Argentina.

News of exchange rate

Banco Galicia CEO: Inflation will keep battering banking returns

Economy Ministry to halt Central Bank advances until end of 2020

Economy Ministry takes steps to relieve pressure on currency markets

Government to devalue peso faster while it fights reserves drop

Argentines are abandoning a trade that hedged currency risk

Negative-yielding corporate bonds are all the rage in Argentina

Brazil's Central Bank will intervene 'as long as needed' to support real

Tensions in exchange markets intensify ahead of election

Dollar already being sold at 49.50 pesos on Internet

Porno-politics and Argentina’s digital rumour mill

IMF sees US$45-billion deal with Argentina pushed into 2022

Grabbing the wealth of health by stealth

Asking for the impossible

Pope Francis: 'Private property is a secondary right'

Eduardo Duhalde insistió en que Alberto Fernández "no está bien" y dijo que le da "pena"

FOTOS | El Ojo de Perfil "frozen": el segundo día mas frío del año en Buenos Aires

Miguel Angel Pichetto: "Cuba no nos puede vender ni aspirinas, si no tenían ni jeringas"

Carlos Bianco "No hay diferencias sustantivas entre Martín Guzmán y Axel Kicillof"

Dislexia: de qué se trata la condición que padece Laura Novoa y cómo hace para aprender un guión