Following a two-year focus on maintaining “a cheap dollar” as a means to demonstrate declining inflation rates, President Javier Milei’s administration has capitulated to demands from Washington to bolster Argentina’s international reserves. The announcement of an update to the peso’s exchange-rate trading bands, indexing them to inflation starting in January, reflects a pragmatic shift: Milei’s … Read more
Each morning at Argentina’s Central Bank, the traders on the foreign exchange desk embark on a straightforward objective: to prevent the peso from fluctuating excessively in either direction. Recently, the peso has demonstrated relative stability, weakening by less than one percent in November, marking its smallest monthly fluctuation of the year, despite being the weakest … Read more
Argentina’s economic landscape is evolving with the rise of cryptocurrencies and their intersection with the blue dollar market. As traditional financial systems face challenges, digital currencies offer an alternative for both investment and everyday transactions. This article explores how cryptocurrencies influence the blue dollar market and what it means for Argentina’s economic future. In Argentina, … Read more
Argentina has experienced a decline in foreign direct investment to negative levels for the first time in 22 years, coinciding with a trend of international companies divesting their operations to local enterprises. A report indicates that FDI recorded a negative US$1.52 billion from January to November 2025, marking the first year with a deficit since … Read more
The government has introduced a bill in the Senate designed to amend existing legislation that safeguards glaciers, with the intention of easing restrictions that presently prohibit mining activities within these ice formations and their adjacent regions. The legislation is included in the government’s agenda for discussion in Congress during the extraordinary sessions that commenced last … Read more
Argentina has relaxed its currency trading restrictions and announced plans to rebuild foreign reserves, capitalizing on the increasing investor confidence in President Javier Milei’s administration to stabilize its precarious financial situation. Starting in 2026, the trading bands for the peso will adjust in accordance with the monthly inflation rate, rather than the existing one percent … Read more
The Central Bank announced on Monday that Argentina will modify its currency exchange bands in alignment with the inflation rate beginning in 2026. The monetary authority is set to initiate the accumulation of international reserves, a move it had previously hesitated to undertake due to concerns about potential inflationary pressures. “We entered a phase in … Read more
The union representing air traffic controllers has declared a series of strikes that will impact both domestic and international flights in the forthcoming weeks, following unsuccessful negotiations with the Argentine Air Navigation Company. The measures, encompassing restrictions on takeoffs and flight plans, will align with the peak air traffic period of the year. The Association … Read more
Women who have ascended to prominence in the male-dominated wine sommelier profession assert that their field is gradually becoming less sexist and more inclusive, despite the ongoing trend of men securing the majority of accolades. Now an established figure as resident wine advisor at Chambers restaurant in New York, Pascaline Lepeltier remarked to AFP that … Read more
Two prominent banks in Argentina are aiming to expand credit availability for farmers as President Javier Milei dismantles economic obstacles, notably by reducing export tariffs for agricultural producers. The local subsidiary of Spanish banking powerhouse Banco Santander and Argentina’s largest private financial institution, Grupo Financiero Galicia, are broadening their collaboration – known as Nera – … Read more