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

Blue Dollar Updates

Argentina Child Poverty Falls to Lowest Since 2018

Child poverty in Argentina decreased to 42.3 percent last year, marking its lowest point since 2018, as reported. In a report released on Tuesday, the Argentine branch of the UN agency for children indicated that by the conclusion of 2025, 5.1 million children and adolescents were residing in impoverished households, a decrease from 6.3 million … Read more

Blue Dollar Updates

Argentina’s AI Ambition Faces Big Questions

President Javier Milei articulated his vision for transforming Argentina into a hub for the advancement of Artificial Intelligence in the foreseeable future. He establishes a connection between the prosperity of the Dutch Empire in the 17th century and a significant legal advancement – the limited liability company, which enabled investors to limit their risk exposure. … Read more

Blue Dollar News

Argentina Boosts Nuclear Ties with US for Next-Gen Reactors

A regional training on nuclear technology put on by the United States called the Foundational Infrastructure for the Responsible Use of Small Modular Reactor Technology program was recently held in Argentina. It was the fourth time that the program had been held in Latin America and the Caribbean. In September 2025, Argentina became the first … Read more