News of pesos

Argentina's officials, analysts disagree on results of debt swap

12-03-2023 08:56 Participation in last Thursday's debt swap may have been less than reported, with government officials and analysts disagreeing on how the results should be counted.

DEBT SWAP

Government swaps US$21.7 billion of debt, easing default fear

09-03-2023 23:11 Argentina exchanges 4.34 trillion pesos (US$21.7 billion) in a local debt swap, alleviating immediate concerns of a potential local debt default.

DEBT SWAP

Argentina to swap peso debt to ease US$35-billion default fear

07-03-2023 11:04 Argentina will give investors the chance to exchange holdings of local debt into new bonds; Government wants to ease fears of a default on US$35 billion of local debt due in second quarter.

DEBT SWAP

Argentina to offer local debt swap to ease default fears

06-03-2023 16:46 Government will offer investors chance to swap local debt holdings for new bonds in a bid to calm fears of a default.

Bloomberg

Argentina looks to roll over US$1.6 billion of local debt mountain

15-02-2023 11:48 Local debt auction will serve as a final test of local investors' appetite for government peso debt as annual inflation continues to soar.

BILLS, BILLS, BILLS

Central Bank approves higher denomination 2,000-peso bill

02-02-2023 17:43 Monetary authority approves move to accommodate the needs of banks and shopkeepers; More than eight billion banknotes in circulation in Argentina, with inflation eating away at value of each.

EXCHANGE MARKET

Argentina’s elaborate ploy to lure tourists has begun

21-12-2022 16:55 In a bid to boost tourism dollars in Argentina, the government is allowing travellers access to an exchange rate that nearly doubles their purchasing power.

BLOOMBERG – ANALYSIS

From Coldplay shows to the World Cup, Argentina mixes exchange rates

12-10-2022 08:23 Government officials on Wednesday will roll out new taxes applied to the official exchange rate for foreign travel ahead of the World Cup in Qatar next month and for locals attending concerts by artists such as British rock band Coldplay.

Argentina Protests

Argentine protesters demand universal living wage

28-07-2022 18:17 Central Buenos Aires saw a crowd of demonstrators calling for a “universal salary” this Thursday as heads roll in cabinet reshuffle.

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.

Economy

'Green madness' as dollars found at Argentina dump

26-07-2022 14:02 Dollar hoard discovered in local dump. Residents frantically scrabble through trash to try and find the US dollar bills believed to have been discarded inside a cupboard.

IMF DEBT TALKS

Argentina will make US$1.8-billion payment to IMF this month

30-11-2021 22:31 Argentina will make a US$1.8-billion payment to Fund on December 18, confirms International Economic Relations Secretary Cecilia Todesca.

Bloomberg

Argentina looks to mutual funds for additional local funding

02-10-2021 08:18 Argentina took a new step on Friday to boost its local financing options in pesos as the midterm elections approach.

BLOOMBERG

Argentina accelerates money printing ahead of November elections

28-09-2021 14:58 Central Bank steps up pace of money printing to fund government spending ahead of November’s midterm elections, potentially stoking inflation in the months ahead.

KIRCHNER FAMILY WEALTH

Cristina Fernández de Kirchner declares wealth of 16.4 million pesos

22-09-2021 14:19 Vice-President Cristina Fernández de Kirchner declares total wealth of 16,463,095 pesos; Máximo Kirchner reports 400 million pesos.

COURTS

Court tells daughter of Hugo Moyano to return cash seized in raid

01-09-2021 20:22 Judge tells Karina Moyano, daughter of veteran trade unionist Hugo Moyano, to hand over 600,000 pesos and US$434,000 within the framework of money-laundering and drug-trafficking probe.

POLICE OPERATION

Police bust counterfeit ring forging pesos, dollars on large scale

17-08-2021 21:26 Federal Police break up gang producing counterfeit money with series of raids, making 16 arrests. Police say fake bills were manufactured on a large scale and were of good quality.

by Leonardo Nieva

BLOOMBERG

Money printer goes quiet and Argentina's government gets squeezed

28-04-2021 21:14 The Central Bank’s fight against inflation is upending the local bond market and squeezing government finances as Argentina struggles to regain traction while the pandemic rages on.