BLOOMBERG Argentina’s currency woes show no sign of easing 10-10-2020 08:31 Argentina’s hodge podge exchange rate regime is running out of steam.
ECONOMIC POLICY Central Bank optimistic over post-bond swap future 25-08-2020 19:20 Central Bank Governor Miguel Ángel Pesce says closure of the debt swap deal would relieve pressures on exchange markets and improve economic expectations.
BLOOMBERG Argentina would ease currency controls if debt talks are successful 29-05-2020 14:56 Central Bank leaders implemented new controls Thursday night, restricting companies’ access to the foreign exchange market to pay for obligations overseas in dollars or other currencies.
RATE CUT Central Bank cuts interest rate to 38% 06-03-2020 08:00 In its statement, the Central Bank’s committee said cooling prices justified the rate cut but that the economy wasn’t in the clear yet.
RATE CUT Central Bank lowers key rate to 40%, extending cuts 19-02-2020 18:15 Central Bank chief Miguel Pesce justifies the rate cuts as a tool to help turn around Argentina’s economy, which is expected to contract for the third straight year in 2020.
RATE CUT Central Bank cuts key interest rate for fifth time since December 10 30-01-2020 21:29 Rate floor cut to 48 percent on Thursday from 50 percent. Central bank chief Miguel Pesce has lowered it from 63 percent since taking office December 10.
TRANSITION 2019 Sandleris confirms resignation as Central Bank chief 05-12-2019 06:58 Central Bank chief confirms he will resign post ahead of December 10 handover. Argentina's monetary institution has had 61 presidents in the 84 years since its founding.
ECONOMIC INDICATORS Central Bank alters 2019 forecasts: 3% drop in GDP, inflation at 55.6% 05-11-2019 14:15 Monthly survey carried out by Central Bank downgrades forecasts for Argentina's economy.
CURRENCY CONTROLS Central Bank tightens 'cepo,' sets US$50 limit on cash advances abroad 31-10-2019 22:10 The move comes three days after the Central Bank sharply tightened currency exchange controls to stem a surge in capital flight.
CENTRAL BANK Sandleris asks for 'basic consensus' to ensure Argentina grows 16-10-2019 08:29 "If we manage to build basic consensus, our economy can leave behind instability and crisis, so that we can begin to grow steadily and begin to lower inflation," declares Central Bank chief.
BLOOMBERG With controls in place, Central Bank cuts 85% rate, buys dollars 18-09-2019 14:08 Institution's move to choke off dollars hands peso some breathing room, with Central Bank buying dollars for first time in seven months.
BLOOMBERG Bond investors keen to hear from Alberto Fernández's economic advisors 27-08-2019 12:24 Money managers including BlackRock, Goldman Sachs and others have made contact with advisers to Alberto Fernández, with some pleasantly surprised by what they've heard.
BLOOMBERG – OPINION MercadoLibre & Globant: the two homegrown firms defying the gloom 22-08-2019 09:56 MercadoLibre and Globant increased their worldwide workforces 30% and 31%, respectively, to 7,239 and 8,384 in 2018 when most of the nation’s employers were either letting people go or not hiring during the recession.
CHANGE AT THE TREASURY Peso stability a priority, declares new Finance Minister Hernán Lacunza 20-08-2019 13:46 "Guaranteeing the exchange rate is a first-order objective," says Lacunza, who also promises that Argentina would keep 2019 fiscal targets set in alignment with IMF.