CENTRAL BANK Argentina's Central Bank raises key rate to 44.5% as inflation heats up 23-03-2022 15:42 Central Bank raises benchmark rate for the third time this year as inflation continues to speed up.
BLOOMBERG Government publishes decree on budget changes for 2022 22-02-2022 15:35 Government issues decree on Tuesday authorising more local debt issuance this year.
BLOOMBERG Argentina’s Central Bank raises key rate to 42.5% 18-02-2022 03:00 Second rate hike this year; IMF staff have called for interest rates in Argentina to exceed annual inflation.
NEW FINANCING PROGRAMME Government reaches new US$44.5-billion agreement With IMF 28-01-2022 13:20 Argentina has reached an initial agreement worth US$44.5 billion with the International Monetary Fund in an attempt to stabilise its economy.
Bloomberg Barclays: Argentina's needed stabilisation plan 'unlikely' soon 19-01-2022 08:14 Argentina needs "an ambitious plan" for sustainable growth that includes a fiscal consolidation plan, monetary reform and structural reforms, says Barclays economist.
BLOOMBERG Central Bank hikes rate for first time in a year 07-01-2022 01:41 Argentina raised its benchmark interest rate for the first time in over a year as it faces calls from the International Monetary Fund to tighten its monetary policy.
FINANCIAL TURBULENCE Central Bank reserves at the limit as rumours swirl around Argentina 30-11-2021 21:40 Ecolatina consultancy firm forecasts that Central Bank reserves could end the year lower than in December 2020. Concerns remain about the level of money available to the BCRA, but economists rule out a potential 'corralito.' by Brenda Funes
BLOOMBERG Argentina to offer new liquidity Treasury notes called Lelites 07-10-2021 21:41 Economy Ministry announces it will offer new Treasury liquidity bills called Lelites.
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.
IMF BOOST IMF’s special drawing rights gives boost to Central Bank reserves 23-08-2021 21:42 International Monetary Fund boost of special drawing rights lifts Argentina's Central Bank reserves to highest amount in almost three years.
BLOOMBERG Debt rollover flops as investors eye midterms 04-08-2021 20:47 Investors sent a warning message to Argentina’s Treasury on Tuesday night – don’t expect us to finance the government’s increased spending ahead of November’s midterm elections unless interest rates go up.
Bloomberg Government speeds up money printing ahead of election 28-07-2021 17:00 Central Bank was printing money for the Treasury at the fastest pace so far this year in July.
Bloomberg Not even 50% inflation will make Argentina boost interest rates 23-07-2021 16:47 Central Bank rules out increasing interest rates for the foreseeable future, even as currency pressures mount and annual inflation climbs above 50%.
IMF DEBT TALKS Guzmán discusses IMF debt With US Treasury Secretary Yellen during G20 meeting 10-07-2021 18:53 Economy Minister Martín Guzmán says he had a “valuable” discussion about IMF debt with US Treasury Secretary Janet Yellen.
Bloomberg Argentina’s Central Bank move raises concern of higher inflation 28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.
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.
ANALYSING BUDGET Budget 2020: 60% used to pay pensions, social plans or subsidies 16-01-2021 08:26 Six out of every 10 pesos in last year’s Budget went to paying for pensions, social plans or business subsidies. Both government and private calculations estimate last year’s primary deficit to be around 6.5% of GDP. by Gabriel Ziblat
BLOOMBERG Argentina gives Templeton, Pimco chance to trim peso holdings 09-11-2020 18:04 Argentina is giving some of its largest bondholders the chance to trim their holdings in one of the world’s worst-performing currencies, offering to swap their local peso securities for dollar-denominated assets.
FINANCIAL TURMOIL Economy Ministry to halt Central Bank advances until end of 2020 03-11-2020 12:53 Economy Ministry says it will not ask the Central Bank for temporary advances of cash in November and December and would target local capital markets for financing instead.
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.
Causa peajes Judge sends two ex-Macri administration officials to trial 21-07-2020 21:50 Charges against former National Highways director Javier Iguacel and ex-Treasury prosecutor Bernardo Saravia Frías relate to presumed irregularities in the awarding of highway toll concessions.
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.