Blue Dollar Updates

Lula and Milei Spar Over Venezuela at Mercosur Summit

President Javier Milei engaged in a confrontation with Brazilian President Luiz Inácio Lula da Silva during the regional Mercosur summit regarding the situation in Venezuela, coinciding with US President Donald Trump intensifying pressure on Caracas. Sparring remarks from Lula and Milei emerged during a gathering of the South American bloc, where discussions included a prospective … Read more

Blue Dollar Updates

Grassi Takes Charge of Troubled Soy Giant

Grassi SA, a leading grain brokerage in Argentina, has potentially overcome the final obstacle in its acquisition of the troubled exporter Vicentin SAIC, which possesses a substantial share in the largest soybean crushing facility globally. Judge Fabián Lorenzini dismissed objections raised by a Louis Dreyfus Co venture concerning the agreement that Grassi reached with a … Read more

YPF wants JP Morgan to finance LNG project for $12.5 billion

YPF is poised to advance its most ambitious projects in the coming year, as president and CEO Horacio Marín has indicated that the company will soon finalize agreements with international partners for its liquefied natural gas initiative and then move to seek funding. The CEO projected that the process to arrange financing aimed at transforming … Read more

Argentina Strike

Argentine unions threaten protest during labor reform march

The General Confederation of Labor orchestrated a significant demonstration on Thursday in Plaza de Mayo to oppose the government’s proposed labor reform. The demonstration united both factions of the Argentine Workers’ Central alongside various social movements, delivering pointed admonitions to the government regarding its proposed alterations to Argentina’s labor legislation. During the principal gathering, union … Read more

Santiago Bausili

Milei Bows to IMF, Unleashing Inflation Threat

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

US Dollar - Argentina Peso

Milei Tames Peso Turbulence with New FX Policy

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

Understanding Cryptocurrency’s Role in Argentina’s Blue Dollar Market

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

Blue Dollar Live

Argentina Sees First Negative Foreign Investment in 20 Years

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

Blue Dollar Updates

Milei Proposes Bill to Alter Glacier Protection Laws for Mining Boost

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

Blue Dollar Updates

Argentina Eases Currency Policy, Boosts Reserves

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