News of peso dollar

Argentines dump the peso, betting US rescue is doomed to fail

16-10-2025 19:05 Argentines are convinced that even a flood of cash from the United States won’t be able to stop another painful devaluation of the peso.

Peso could tumble post-election, warns Morgan Stanley

15-10-2025 22:40 US investment bank outlined three scenarios depending on the outcome of the legislative vote – and predicts where the exchange rate will go.

Milei’s dollar sales bolster the peso but stoke devaluation bets

08-10-2025 16:33 Investors are betting that President Javier Milei will devalue the peso after midterm elections this month.

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.

‘Cepo’ individual: Milei tightens restrictions on dollar dealings

26-09-2025 14:54 Milei government partially reinstates currency controls for individuals; Central Bank imposes restriction that prevents savers from purchasing both official and MEP/CCL dollars for a period of 90 days.

Central Bank steps up defence of peso as assets slide

18-09-2025 16:55 Thursday’s intervention is estimated by traders to be close US$350 million, the people said, compared to US$53 million sold the day before.

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.

Morgan Stanley’s flip-flop shows speed of crisis ensnaring Milei

09-09-2025 09:47 It took less than a week to make Morgan Stanley abandon its bullish call on Argentina. 

Milei intervenes in currency market despite letting peso float

28-05-2025 11:36 Argentina’s government has intervened in the currency markets to influence the peso’s value and is likely to miss reserve accumulation targets.

Two minimum wages now cover eight days of family expenses

15-05-2025 00:39 With the national wage council talks deadlocked, the Milei government has again unilaterally established the basic pay increase for registered workers, passing from 296,832 pesos in March to 302,600 pesos in April – a raise of 5,768 pesos.

by Agustina Bordigoni

Floating on air?

19-04-2025 06:00 Milei might echo Alfonsín by proclaiming: “Happy Easter, the dollar is in order” but early days – a more total exit from currency and capital controls by Macri in in late 2015 was even smoother, without ensuring him a happy ending.

What was the exchange rate when Milei came into office?

16-04-2025 16:10 Official exchange rate almost doubled from near 400 pesos to 838 pesos per greenback in the initial four days after Milei’s inauguration – now it stands closer to 1,200.

Traders bet on weaker peso as Milei’s IMF deal looms

26-03-2025 21:39 Investors see Argentina’s peso on the verge of devaluation again, but for Javier Milei, such a step could prove costly – especially ahead of midterm elections in October.

Argentina fights on two fronts to defend peso, draining reserves

02-08-2024 14:14 Argentina’s decision to extend its defence of the peso to the parallel market is draining its foreign currency reserves and denting the most fragile of commodities in its battered economy: investor confidence.

Milei sets June deadline for lifting of capital controls

08-02-2024 06:24 Casa Rosada has a list of conditions required and assures that the dollar can be kept to around 1,000 pesos.

Why the Argentine peso is slipping through Milei’s fingers

18-01-2024 23:30 Despite Javier Milei's best efforts, the gap between blue and official rates remains, and the peso has plunged by about a third against the dollar this year.

Argentina investors cheer Milei victory, brace for peso sell-off

20-11-2023 00:37 Investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledge to usher in a radical remake of South America’s second-largest economy.

Argentina assets brace for sell-off after Massa forces run-off

23-10-2023 08:17 Investors braced for a sell-off after Economy Minister Sergio Massa did better than forecast in Sunday’s presidential vote, dashing hopes for an outright win by a more market-friendly candidate.