BEYOND THE HEADLINES Breaking the bank Today 05:56 Today the widespread acceptance of the inevitability of central banks is based on the belief that every nation has one. Almost inevitable, then, but desirable? by Michael Soltys
ANALYSIS: SHOCK THERAPY Milei eases grip on peso as reserves hit seven-year high 27-05-2026 11:14 Central Bank reserves hit their highest level since 2019, giving President Javier Milei room to let the peso trade more freely.
REPURCHASE AGREEMENTS Argentina in talks to extend repo maturities beyond election 22-05-2026 13:52 President Javier Milei’s government is in talks with banks to collapse the three repos it negotiated since 2025 into a single one worth at least US$5 billion due in 2028 or later.
ANALYSIS: SHOCK THERAPY Argentina’s surge in foreign reserves risks reigniting inflation 21-05-2026 14:33 The Milei administration's biggest policy achievement has been the taming of hyperinflation and the last thing officials want to see is for prices to start soaring again.
ANALYSIS: SHOCK THERAPY Soaring household defaults rock Argentina’s banks and fintechs 14-05-2026 11:24 A sharp rise in household delinquencies is shaking Argentina’s banks and fintech firm.
DEBT & MARKETS Argentina upgrade seen opening narrow window for debt sale 11-05-2026 13:02 Fitch Rating’s decision to raise Argentina's credit score is fuelling bets that the country will get another shot at tapping international markets.
ANALYSIS: SHOCK THERAPY US$30bn export deluge gives Milei chance to rebuild reserves 22-04-2026 10:17 Flood of hard currency over the next six months should give Argentina's Central Bank its best chance yet to build up international reserves.
IMF & ARGENTINA Dollar shortage still looms after Argentina buys time at IMF 17-04-2026 17:27 Argentina has bought time, but the government still faces a hard-currency shortage that it'll have to tackle before elections next year.
OFFICIALS IN WASHINGTON Argentina now more resilient to external shocks, top officials say 16-04-2026 23:52 Economy Minister Luis Caputo and Central Bank chief Santiago Bausili tell audience in Washington that Argentina's FX regime held firm, marking a break from past crises. by Santiago del Carril
IMF AGREEMENT Trump support collides with IMF caution over Argentina programme 16-04-2026 10:18 “Outstanding measures” required before the deal is taken to the Board. Trump’s support and pressure contrasts with a technical team that has worsened Argentina's inflation outlook and is calling for greater exchange-rate flexibility. by Eugenia Muzio
IMF PROGRAMME Argentina to reach IMF staff agreement as early as this week 14-04-2026 09:05 Argentina expected to reach IMF staff-level agreement on second review of US$20-billion programme as early as this week.
economy Argentina tweaks FX rules after cost of getting dollars out surges 10-04-2026 12:29 Milei government issues new rules for investors moving money out of the country after increased use of the parallel foreign-exchange market drove cost of trades up.
MARKETS & BONDS Argentina rating upgrade hinges on reserve build-up, Fitch says 27-03-2026 10:29 Argentina’s path to a credit rating upgrade depends on the sustained build-up of foreign-currency reserves, says top exec at Fitch Ratings.
ANALYSIS: SHOCK THERAPY Interest rates collapse in Argentina with Milei stockpiling dollars 19-03-2026 14:02 President Javier Milei’s willingness to let interest rates sink — rather than hatch some plan to offset those transactions — has caught the attention of investors and analysts.
MARKETS – ANALYSIS Argentina missed early window to sell bonds, investors say 11-03-2026 17:33 Investors say Milei government may have missed a window to return to debt markets in January after deeming it too expensive.
ANALYSIS: SHOCK THERAPY Milei pushes dollar loans for all, ending a taboo in Argentina 04-02-2026 12:51 Government intends to repeal law barring lending of dollars to those who don’t earn in US currency and change Central Bank regulations.
ANALYSIS: SHOCK THERAPY Milei still props up peso despite looser trading rules 13-01-2026 13:09 President Javier Milei is sticking with his core approach: intervene, manage and prop up the peso, in an effort to keep inflation down.
BANKS STEP IN Argentina secures US$3-billion loan from private banks 07-01-2026 15:51 Short-term repo operation boosts reserves ahead of more than US$4 billion in foreign-currency debt repayments due this week.
MARKET MANOUEVRES Santander, BBVA, Deutsche lead US$3-billion repo for Argentina 07-01-2026 13:35 Argentina secures US$3-billion loan from a group of international banks to help cover a foreign debt payment; Central Bank reaches a one-year repurchase agreement – or repo – with lenders at rate of 7.4%.
BLOOMBERG Milei carves path for savers to stop stashing cash under couches 31-12-2025 09:39 President Milei has convinced nearly 300,000 Argentines to declare over US$20 billion in a tax amnesty programme that established that deposits above US$100,000 had to remain untouched in bank or brokerage accounts until January 2026.
Analysing Argentina Wide open field for Milei 20-12-2025 07:44 A libertarian but not a “libertidiot,” as he likes to say, Milei seems to have picked security rather than risk for the new stage of his administration. It is a good choice. by Marcelo J. García
MONETARY POLICY Milei gives in to IMF pressure and opens door to inflation risk 17-12-2025 12:50 Economic team has relinquished price deceleration as its overriding priority in an effort to break through the floor of Argentina’s country risk rating, but new strategy faces market scepticism over government’s financing capacity. by Eugenia Muzio
BONDS & MARKETS Argentina moves closer to bond market return with peso pivot 16-12-2025 22:08 Central Bank will begin to gradually unwind the tight grip it keeps on the currency starting January; Officials also say they’re going to start buying dollars to boost the Central Bank’s cash stockpile.
CENTRAL BANK ANNOUNCEMENT Argentina to adjust peso's exchange rate bands in line with inflation 15-12-2025 23:13 President Javier Milei’s government says it will adopt a new monetary framework, adjust the peso’s trading bands in line with inflation and build up Central Bank’s international reserves.
INTERNATIONAL MONETARY FUND IMF sees Argentina meeting year-end reserves target challenging 04-12-2025 13:32 IMD admits Argentina's bid to build up its foreign reserves and meet end-year accumulation target will be “challenging.”
ANALYSIS: SHOCK THERAPY Milei defies investor calls to build up foreign currency FX reserves 20-11-2025 11:18 Why the government is hesitant to build up international reserves, let the peso float and relax currency controls.
ECONOMIC POLICY Caputo tells bankers Argentina to build reserves, buy back bonds 10-11-2025 10:53 Economy Minister Luis Caputo tells investors Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band.
MONETARY POLICY Milei dials back grip on peso as outlook improves 05-11-2025 21:51 Investor sentiment has brightened in Argentina since Milei’s party more than doubled its representation in Congress in last month's midterms.
MONETARY POLICY Argentina looks to ease bank reserve rules to boost liquidity 30-10-2025 15:31 Adjustment would aim to give banks more flexibility in managing their liquidity, though shift will only be marginal.
CURRENCY TURBULENCE Peso breaks losing streak amid FX intervention 22-10-2025 13:11 Argentina's peso strengthened, snapping a five-day losing streak amid continued market intervention by both the local and US governments.
CURRENCY WOES Central Bank again intervenes to halt run on peso 21-10-2025 21:38 Central Bank said Tuesday it had sold US$45.5 million on the foreign exchange market to try and halt a run on the peso ahead of Sunday's midterms.
MONETARY POLICY Milei team sends mixed FX policy signals ahead of Trump meeting 14-10-2025 15:24 Since April, Argentina has let the peso float within a range as part of its agreement with the International Monetary Fund. However, authorities have intervened multiple times within the range.
ANALYSIS: SHOCK THERAPY Milei pulls out all stops in defence of fragile peso 08-10-2025 13:33 After burning through billions of dollars in reserves, Argentina’s government is getting creative and finding new alternatives to defend the peso.
RESERVES & CURRENCY WOES Milei running short of dollars as Argentina awaits US lifeline 07-10-2025 16:14 Argentina’s Treasury is burning through its dollar deposits to prop up the peso, with traders estimating it has as little as US$700 million left in its coffers.
CURRENCY TURBULENCE Argentina sells dollars for fifth day as Treasury drains reserves 06-10-2025 17:27 Argentina’s government sold around US$450 million in the foreign-exchange market Monday for a fifth straight session as it tried to stem a slide in the peso.
ANALYSIS: SHOCK THERAPY Currency arbitrage costs Milei US$2 billion a month in Argentina 01-10-2025 12:59 A temporary surge in farm-export dollars has prompted Argentines to purchase cheap greenbacks.
CURRENCY TURBULENCE Milei’s government sells dollars as peso starts to sink again 30-09-2025 21:06 Currency fell more than 6% Tuesday, biggest intraday drop since September 8,
CURRENCY WOES Central Bank defends peso as Milei faces setbacks 17-09-2025 23:37 Central Bank steps into market to prop up the peso – first time it has since Milei administration introduced trading band in April.
ECONOMY – ANALYSIS Argentina let peso plunge and then stepped in to contain losses 12-09-2025 11:13 Milei administration allowed peso to weaken this week, while simultaneously moving to prevent the rush out of the currency from turning into a stampede.
ECONOMY – ANALYSIS Inflation undershot forecast before Buenos Aires Province vote 10-09-2025 21:37 Monthly inflation climbed less than expected, rising 1.9% in August from July.
Analysis Milei moves to aid peso as election roils markets 02-09-2025 17:37 Intervention is the latest bid to halt a sell-off that has rattled its financial markets.
MONETARY POLICY Argentina again tightens FX rules for banks as peso strengthens 29-08-2025 13:33 Argentina increases foreign-currency restrictions for commercial lenders yet again as part of effort to support the peso and ease inflation.
MONETARY POLICY Argentina rolls over debt in relief for battered currency 27-08-2025 21:48 Government successfully rolls over large batch of local debt in auction; Milei administration has tightened monetary policy in past few weeks to defend peso.
MONETARY POLICY Milei digs in to defend peso before midterm elections 27-08-2025 11:16 President Javier Milei is ratcheting up his defence of Argentina’s currency ahead of another massive local debt auction.
BANKING & FINANCE Milei clashes with top banks amid Argentina’s liquidity squeeze 20-08-2025 08:35 Liquidity measures have stoked tensions between the government and the country’s banks; Discontent became evident during a meeting.
ECONOMY – ANALYSIS The risks of the Milei government’s economic plan 17-07-2025 10:03 Macroeconomic order and disinflation alone do not guarantee long-term sustainability. by Luis Secco
ANALYSIS: SHOCK THERAPY Milei tightens grip on currency market left awash in pesos 16-07-2025 10:10 President’s economic team sends a signal to the market that it still has an iron grip on Argentina’s money supply, a key ingredient to thwarting inflation, stabilising the peso – and his high approval ratings.
Analysing Argentina Milei chooses to ignore emerging consensuses 31-05-2025 06:23 With less than five months to the midterm vote, nothing seems to be standing in the way of a good result for the government. But Milei 2025 should already start thinking about Milei 2027 by Marcelo J. García
BACK TO MARKETS Argentina sells peso bonds abroad for first time since Macri era 28-05-2025 23:49 Milei government says it has raised US$1 billion in first peso-denominated bond issuance in nine years.
NEW MEASURES Argentina eliminates export duties for thousands of manufactured goods 30-04-2025 21:34 President Javier Milei's government eliminates export duties for thousands of industrial products; Economy Minister Luis Caputo says tax levy was "affecting competitiveness" in announcement hailing the move.