News of shock therapy

Milei eases cash crunch to reignite economic growth

Today 14:02 Milei administration starting to shift its focus from solely crushing inflation to a more balanced approach.

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.

ANALYSIS: SHOCK THERAPY

Economists cast doubt on Milei’s green shoots in weary Argentina

09-05-2026 08:41 Experts worry that President Javier Milei's government is painting an optimistic picture of the economy that is not yet backed by data.

ANALYSIS: SHOCK THERAPY

Argentina bond investors increasingly fear the day after Milei

29-04-2026 15:36 Worries over the economy’s future have been reignited by polls showing the President’s approval rating is at its lowest since he took office.

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.

ANALYSIS: SHOCK THERAPY

Iran war sets back Milei’s zero-inflation promise

15-04-2026 18:02 US war with Iran threatens to upend Milei’s promise to tame monthly inflation to below one percent by the middle of this year.

ANALYSIS: SHOCK THERAPY

Sluggish economy is testing Milei’s spending cuts

26-03-2026 13:25 Eighteen months out from the next presidential election, every additional peso of austerity is more socially and politically expensive for President Javier Milei.

ANALYSIS: SHOCK THERAPY

Lured by 38% rates, carry-trade investors pile into peso

29-01-2026 13:56 The carry trade – where investors borrow in dollars to buy the local currency – is in play.

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.

ANALYSIS: SHOCK THERAPY

Milei stymies wild peso swings as he resets Argentine FX policy

18-12-2025 01:34 The Central Bank’s FX desk is about to play a more prominent role as President Javier Milei seeks to accumulate reserves.

ANALYSIS: SHOCK THERAPY

Milei keeps the peso from driving huge price hikes

12-11-2025 10:59 Shoppers increasingly stick to essentials and foot traffic is thinning, limiting the ability of businesses to raise prices.

ANALYSIS: SHOCK THERAPY

Axel fuels investor fear after Milei’s big loss

10-09-2025 13:14 For investors, the anti-Milei has emerged – and he is worsening market jitters in Argentina.

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.

ANALYSIS: SHOCK THERAPY

Rush of farm dollars fails to lift peso ahead of vote

10-07-2025 09:37 Three months after President Javier Milei lifted Argentina’s currency controls, early investor optimism has given way to growing caution

ANALYSIS: SHOCK THERAPY

Milei’s foreign-exchange shake-up has brokers moving into banking

02-07-2025 11:42 Brokerages are restructuring after President Javier Milei took away lucrative arbitrage opportunities that juiced their business when he rolled back capital controls.

ANALYSIS: SHOCK THERAPY

Dollar-obsessed Argentines have a newfound love for buying gold

11-06-2025 18:24 Argentina’s deep-rooted reliance on the greenback is now being challenged by a growing appetite for gold.

ANALYSIS: SHOCK THERAPY

Milei’s cuts are making credit harder to collect in Argentina

04-06-2025 10:30 Just over a year and a half since Javier Milei took office, businesses and households are under strain from stagnant wages and lingering inflation.

ANALYSIS: SHOCK THERAPY

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.

ANALYSIS: SHOCK THERAPY

How Milei keeps peso strong ahead of midterm vote

14-05-2025 12:00 President Milei's government doubles down on a strong peso strategy, making it the cornerstone of his midterm election campaign.

ANALYSIS: SHOCK THERAPY

Savers buying up dollars after Milei lifts currency controls

30-04-2025 12:08 Savers are going back to the bank to buy dollars after President Javier Milei granted them complete freedom to do so.

ANALYSIS: SHOCK THERAPY

Milei risks reigniting inflation by floating Argentina’s peso

16-04-2025 12:35 Decision to ease currency controls is having an impact in the real economy. Retailers and importers are cautiously adjusting their prices as the peso weakens. And some fear it could spark inflation.

ANALYSIS: SHOCK THERAPY

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.

ANALYSIS: SHOCK THERAPY

Milei’s inflation miracle distorted by obsolete items in index

19-03-2025 17:12 Calls are getting louder for President Javier Milei’s government to redo the make-up of the consumer price index for the first time in two decades.

BLOOMBERG - ANALYSIS

Milei back in Davos after racking up victories in Argentina

21-01-2025 09:39 Argentina's president has achieved what few considered possible just a year ago. Will he be able to overcome even bigger challenges in 2025?