On Wednesday, Argentina and China announced the extension of a multi-billion-dollar currency swap agreement for an additional five years, according to financial authorities. The 130-billion-yuan (roughly US$19 billion) agreement between Beijing and cash-strapped Buenos Aires has been in effect since 2009. The monetary authority is pursuing enhanced stability in anticipation of the forthcoming 2027 election. … Read more
Argentina’s primary ports are currently immobilised, with over 150 vessels trapped in the nation’s waterways. This disruption follows a strike initiated by harbour pilots and river guides on Saturday, in response to a decree from President Javier Milei that seeks to deregulate their profession. Harbour pilots, maritime pilots, and river guides operate as independent professionals, … Read more
Since the onset of the commodities boom in the early 2000s, Argentina has become increasingly dependent on soybean exports as a vital source of U.S. dollars — a currency that has experienced exceptionally high demand within the country’s economy for several decades. Consequently, successive administrations have implemented a variety of strategies aimed at incentivising farmers … Read more
In a manner reminiscent of the coordinated efforts seen during Javier Milei’s administration last year, Washington has engaged in a collaborative initiative with Japan aimed at stabilising the yen, which has recently reached its lowest value in four decades. The operation —which involved a massive purchase of yen— elevated the value of the Japanese currency … Read more
President Javier Milei announced on Thursday the specifics of his strategy to reform the Charter of the Argentine Central Bank, a fundamental element of his economic agenda for the upcoming months. He made the announcement on national television, a platform previously utilised for economic declarations, including the presentation of the 2026 budget proposal. In his … Read more
US shale pioneer Harold Hamm is seeking to broaden his presence in Argentina’s Vaca Muerta oil basin, recognised as the site of the world’s most rapidly expanding shale boom, as per sources. Hamm’s Continental Resources Inc is poised to vie for shale blocks in an auction overseen by Neuquén Province, which hosts the majority of … Read more
One of the pillars of Argentina’s economy, consumer spending, has continued to stagnate, which can be explained by the fact that the majority of incomes in the country’s formal economy have not yet returned to their pre-President Javier Milei levels. In its most recent report, Nadín Argañaraz examined the six primary sources of income within … Read more
June was the eighth consecutive year-over-year reduction in investments in Argentina, with a total decline of 7.6% in the first half of 2026 compared to the same period last year. This information is derived from a survey executed by Orlando Ferreres & Asociados. The consulting firm’s Monthly Gross Domestic Investment Index experienced a decline of … Read more
Since the onset of the commodities boom in the early 2000s, Argentina has become increasingly dependent on soybean exports as a vital source of U.S. dollars — a currency that has experienced exceptionally high demand within the country’s economy for several decades. Consequently, successive administrations have implemented a diverse array of strategies aimed at incentivising … Read more
Crude oil emerged as Argentina’s foremost export in the first half of 2026, surpassing conventional agricultural products to claim the top position in the nation’s export hierarchy. According to a report based on data from the national statistics agency INDEC, crude oil generated $4.7 billion in export revenue between January and June. The figure represents … Read more
