Argentina

Argentina declares global return with peso bond sale

Argentina asserts its re-entry into global markets through the issuance of peso-denominated bonds.  Argentina’s government will issue a five-year bond denominated in pesos aimed at international investors who are permitted to purchase it in US dollars, a move the government celebrated as its return to global markets following a sovereign restructuring during the pandemic. On Monday, … Read more

Javier Milei - US Dollar

Milei’s significant challenge of persuading Argentines

Argentines are well aware of their historical context, having indulged in spending sprees previously funded by the Central Bank, which consistently culminated in economic disaster: during the late 1970s, the 1990s, and the mid- to late 2000s. Milei faces the significant challenge of persuading them that the status quo will not persist. In the initial … Read more

US Dollar - Argentina Peso

Milei’s overhaul enables Argentines send up to $43,700 without questions.

Milei’s overhaul permits Argentines to transfer up to US$43,700 without any inquiries made. President Javier Milei has put forth a proposal to reform Argentina’s tax system, aiming to reduce bureaucratic obstacles and promote the utilization of previously undeclared greenbacks. The nation’s tax authority, ARCA, will cease the collection of extensive data from individuals and enterprises, encompassing transactions … Read more

Bitcoin Argentina

Managing Exchange Rate Challenges in Online Casino Gaming for Argentinian Players

Argentinian online casino players face unique financial challenges due to the country’s volatile exchange rate system. The fluctuating Blue Dollar rate—a widely used parallel exchange rate for the Argentine peso—can drastically impact players’ gaming budgets and add unpredictability to their overall experience. For enthusiasts of online slots, table games, and live casino experiences, this financial … Read more

Javier Milei - Libra

Milei closes office probing the ‘cryptogate’ $LIBRA scandal

The government has announced that the special unit, established and subsequently disbanded by President Javier Milei, has concluded its investigation into allegations concerning the controversial cryptocurrency scandal, having completed its “assigned task.” President Javier Milei has disbanded a specialized investigative unit that he personally created to examine purported misconduct in his contentious endorsement of the … Read more

Javier Milei

Cash savings, tax evasion, bank robbery: Milei reveals no-questions-asked dollar plan

Milei affirms a dollar plan that requires no inquiries, encompassing cash savings, tax evasion, and bank robbery. In a television interview on Monday, President Javier Milei expressed that he “does not care in the slightest” about the means by which Argentines acquired their dollars, seemingly endorsing tax evasion while minimizing the potential dangers associated with engaging … Read more

US Dollar - Argentina

Milei delays ‘Mattress Dollars’ idea for City election.

Milei postpones the implementation of the ‘mattress dollars’ initiative in light of the upcoming City election. The administration of President Javier Milei has deferred the declaration of new initiatives aimed at incentivizing savers to reintegrate their accumulated dollars into the formal economy. Following a period of anticipation, Presidential Spokesperson Manuel Adorni stated on Thursday that the “economic … Read more

Inflation Argentina

Currency reform in Argentina decreased inflation in April

In April, Argentina experienced a more significant deceleration in inflation than anticipated, even in light of a shift in currency policy that market participants had predicted would increase volatility. Consumer prices increased by 2.8 percent from March, falling short of the 3.2 percent median estimate provided by analysts surveyed by Bloomberg. That figure has decreased from … Read more