Blue Dollar Updates

Argentina Strikes Deal with IMF

On Wednesday, the Argentine government finalized a staff-level agreement with the International Monetary Fund. If sanctioned by the lender’s board, it would facilitate access to approximately US$1 billion. On the same day, Economy Minister Luis Caputo traveled to Washington D.C. to participate in the IMF Spring Meetings and engage with the organization’s leader, Kristalina Georgieva. … Read more

President Javier Milei

AmCham 2026: Winners and Losers of Argentina’s Economy

On Tuesday, the United States Chamber of Commerce in Argentina (AmCham Argentina) held a summit in Buenos Aires, bringing together politicians and prominent business leaders. In her opening speech, María Schoua stated that agriculture “accounts for more than half of Argentina’s exports,” emphasized the country’s potential to become a global energy “supplier,” and noted that … Read more

YPF service station

Inflation Surges Amid Energy Shock

In March, Argentina experienced a greater-than-anticipated increase in inflation, driven by a significant rise in fuel prices due to the Iran conflict and a notable surge in education expenses resulting from annual tuition adjustments. Consumer prices increased by 3.4 percent last month relative to February, surpassing the three percent median forecast of economists. Inflation has … Read more

Kristalina Georgieva

IMF Lowers Growth as Increases Inflation Projections

The International Monetary Fund on Tuesday adjusted its growth forecast for Argentina downward and increased its inflation projection, underscoring a decline in the nation’s internal and external circumstances. The latest edition of the Fund’s World Economic Outlook report, published biannually, indicates that the IMF has revised its forecast for Argentina’s gross domestic product, now anticipating … Read more

Blue Dollar Updates

Investment incentive program RIMI launched by government

On Monday, the Argentine government released the regulations pertaining to the Incentive Program for Medium-Sized Investments (RIMI, as per its Spanish initials) in the Official Gazette. The program aims to stimulate productive investments in micro, small, and medium-sized enterprises, focusing on goods, construction projects, and assets that are directly tied to productive activities. RIMI seeks … Read more

Milei’s Auction Backs Group Linked to China

A US dredging company is challenging the bid terms of President Javier Milei’s flagship concession in Argentina, asserting that they are skewed in favor of a consortium with historical connections to China. Great Lakes Dredge & Dock Co has pledged to assist in deepening the Paraná River, contingent upon its partner, Belgium-based Dredging Environmental & … Read more

Javier Milei

Javier Milei Confronts Growing Public Discontent Amid Economic Hopes

President Javier Milei has seen a complete erosion of the gains he achieved in opinion polls following his victory in the October midterm elections last year. His approval ratings have reached their nadir since he assumed leadership of Argentina in December 2023. However, this is not inherently a cause for significant concern while in office. … Read more

Blue Dollar

Milei touts ‘record consumption,’ but analysts see it differently

After the INDEC, the official statistics agency, released data indicating a 7.9% interannual growth in private consumption in 2025, government leaders rejoiced. Some private consulting firms, however, are presenting an other narrative. According to Scentia, mass consumption decreased by 2.1% in the first two months of 2026 and by 3.4% in February. According to a … Read more

Blue Dollar Updates

Central Bank Relaxes Currency Controls as Exchange Rates Stabilize

Argentina’s Central Bank has taken steps to further ease foreign-exchange restrictions, capitalizing on a phase of relative stability in the currency market to provide relief to individuals and companies alike. The measures constitute a methodical approach designed to streamline access to dollars, all the while preserving the overarching structure of capital controls. Among the most … Read more

Milei acknowledges tough times and urges Argentines to stay patient

President Javier Milei stated that Argentina is “much better than in 2023,” the year he ascended to power. However, he acknowledged that in recent months there has been a decline in economic activity coupled with rising inflation, and he requested additional patience for the success of his economic program. In a recent assault on the … Read more