Oil Falls as US and Iran End Middle East Conflict

The announcement that the United States and Iran have reached an agreement to reopen the Strait of Hormuz triggered a strong reaction across global markets. Oil prices experienced a significant decline due to anticipations that energy transportation via a critical global shipping route will stabilise. Concurrently, equity futures on Wall Street saw an uptick, and … Read more

Blue Dollar News

Bitcoin experts question Adorni’s wealth surge claims

The explanations provided by Cabinet Chief Manuel Adorni regarding his cryptocurrency investments have once again come under scrutiny. Last week, blockchain specialist Fernando Molina analysed one of the digital wallets the official showed during a recent television interview and estimated potential profits of around US$60,000 – far below the US$300,000 Adorni claimed to have earned … Read more

Argentina China Flags

Beijing Builds City for 5,000 Andean Miners

The Cordillera Sanjuanina, a segment of the Andes mountain range situated in San Juan Province, is poised to accommodate thousands of workers in a newly constructed city. Established within the framework of the Vicuña mining initiative, this location is set to function as the central hub for the extensive project spearheaded by Lundin Mining and … Read more

Blue Dollar Note

Dollars under the mattress—Argentine governments’ golden grail

Since assuming office in late 2023, Javier Milei has made various efforts to encourage Argentines to withdraw their dollars from “under the mattress” — essentially, to reintegrate them into the formal economy. The initial initiative was the Asset Regularisation Regime, a tax amnesty that permitted Argentines to disclose assets that were previously concealed. It launched … Read more

Blue Dollar News

Argentina’s mining exports hit a record high in early 2026

Argentina’s mining exports reached a record level in the initial four months of 2026, propelled by increasing demand for lithium, gold, and silver from the United States, China, and Switzerland. The figures were disclosed by the Mining Secretariat in its monthly report on the sector, subsequently shared by Economy Minister Luis Caputo on Friday and … Read more

Argentina’s Inflation Cools Further in May

May inflation in Argentina was recorded at 2.1%, according to a report released Thursday by the statistics agency INDEC. The figure indicates a slight decline compared to April’s 2.6%, marking the first occurrence in a year where the inflation rate has shown a deceleration for two consecutive months. It is also the lowest figure in … Read more

Country risk in Argentina lowers to an 8-year low

Standard & Poor’s upgraded Argentina’s credit rating from CCC+ to B- on Thursday, igniting a surge of optimism in the local market. Dollar-denominated sovereign bonds experienced significant increases, while the country risk index fell dramatically to 444 basis points, marking its lowest point since May 2018. The local S&P Merval index experienced an increase of … Read more

Blue Dollar News

Buenos Aires City’s debt rating upgraded to ‘AAA’

Credit rating agency Moody’s has elevated Buenos Aires City’s debt rating to “AAA,” marking it as the sole Argentine region to achieve this highest classification by the agency. According to the report published on Tuesday, the upgrade was based on the city’s fiscal and financial performance, as well as improvements in its maturity profile. City … Read more

Blue Dollar Updates

Chevron Joins Drillers for Argentina Shale NGL Project

Certain sources indicate that Chevron Corp, along with two other significant Argentine shale producers, is set to finalise contracts this week for a natural gas liquids project. This development strongly suggests that the US$3-billion initiative is poised to proceed. Certainly, Chevron, the prominent US supermajor, is looking to increase its activities in the Vaca Muerta … Read more

Argentina’s Central Bank meets 2026 dollar-buying objective

The Central Bank of Argentina (BCRA, for its Spanish acronym) achieved its 2026 dollar-buying target with the International Monetary Fund in merely six months, driven by robust performance in the agriculture and energy sectors. As of the end of last week, the BCRA had acquired US$10.1 billion in 2026, exceeding the US$10 billion full-year target … Read more