DEVALUATION FEARS Investors bet on 44% peso devaluation after Milei’s debut 06-12-2023 15:05 Investors are preparing for a 44% devaluation of the country’s official exchange rate after Javier Milei’s inauguration.
MONEY MARKETS Introduction of ‘soy dollar’ leaves Argentina with seven exchange rates 06-09-2022 15:40 New 'soy dollar' rate, designed to boost exports and boost Central Bank reserves, unveiled by Economy Minister Sergio Massa; Following its arrival, there are now seven other exchange rates already operating in Argentina.
Bloomberg Argentina Economy Minister says she has strong political support 27-07-2022 15:55 New Economy Minister for Argentina Silvina Batakis tells Washington reporters she will stabilise economy, claiming strong political support from the government.
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 Overnight 20% price jump supercharges inflation crisis 08-07-2022 11:15 Before the peso plunges even further and before retailers can jack up prices further, Argentines are rushing out to buy their essentials as soon as possible.