News of trading

Mercado de Liniers cattle market closes after 122 years of trading

13-05-2022 16:51 Traditional Mercado de Liniers cattle market, in the heart of Buenos Aires, finally closes its doors ahead of its move to Cañuelas.

BLOOMBERG

Argentina slams brake on crypto, banning purchases through banks

06-05-2022 08:39 Central Bank bans financial institutions from offering clients any operations involving unregulated digital assets, effectively banning engagement with cryptocurrencies.

Bloomberg

Government to include crypto firms in anti-money laundering regulations

15-03-2022 13:24 Argentina's money-laundering regulator is working to add service providers in the cryptocurrency ecosystem to its list of entities subject to reporting and recording customer transactions.

CRYPTOCURRENCIES

Cryptocurrencies prove a lifeline in Argentina’s chaotic economy

10-03-2022 19:32 Workers are increasingly getting paid in cryptocurrency to circumvent exchange controls and to protect them from currency swings and 50 percent inflation.

Bloomberg

The carry trade is minting big returns in Latin America again

09-02-2022 15:32 The carry trade is roaring back in Latin America, home to some of the world’s most aggressive inflation-fighting central banks.

Bloomberg

Latam Airlines reaches bankruptcy deal that hands reins to creditors

28-11-2021 08:37 Latam Airlines Group SA has reached a deal with key stakeholders that paves the way for the Chilean carrier to slash debt and exit bankruptcy under new ownership.

CRYPTOCURRENCIES

Argentina begins taxing cryptocurrency, reversing old stance

17-11-2021 15:17 Transactions involving cryptocurrencies will be subject to government's tax on bank credit and debts, effective immediately.

BLOOMBERG

Boca Juniors in talks to issue cryptocurrency tokens

29-09-2021 13:14 Boca in talks with several crypto companies as it considers issuing tokens for its fans to open a new potential financing avenue.

PHOTO FEATURE

Liniers cattle market: last memory of a rural Buenos Aires

26-07-2021 08:00 Liniers cattle market prepares to close its doors, ahead of move to Cañuelas, after more than a century in Mataderos.

Bloomberg

Yields topping 14% lure investors to world’s best utility bond

14-07-2021 10:14 The world’s best performing utility bonds come from an unlikely corner of emerging markets – Argentina.

Cryptocurrencies

A crypto-revolution in Argentina

12-06-2021 00:17 Argentina’s economy is prime breeding ground for the crypto-world. And the populist promise of cheap energy here is a crypto-miner’s dream.

by Agustino Fontevecchia

Cryptocurrency

Bitcoin sinks and approaches US$30,000

08-06-2021 17:00 The price of bitcoin fell sharply on Tuesday by 8.6% to a value of $31,501, a level not seen since mid-May, dragging other cryptocurrencies in its wake.

CRYPTOCURRENCIES

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

BLOOMBERG

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

BLOOMBERG

Argentina bonds are trading as if the pandemic never happened

07-08-2020 12:34 Debt accord has left the bonds trading at pre-pandemic levels, even as the country lacks the outline of a credible economic plan to get itself out of the current deep crisis.

ECONOMIC INDICATORS

China overtook Brazil as Argentina's largest trading partner in April

04-06-2020 02:23 Argentina recorded a surplus of US$98 million with China in April, compared to a US$351 million deficit in the same month of the previous year, says CERA business chamber.