April Data Signals Weakness in Argentine Economy

Following the unprecedented reading in March, private analysts anticipate a contraction this month, driven by declining industrial output, subdued consumption, and a sluggish soybean harvest that is expected to hinder overall activity. Even as Javier Milei’s government emphasised March’s significant increase in economic activity — an all-time high — most private indicators concur that the … Read more

Blue Dollar Updates

Argentine Provinces Access Global Markets Shunned by Sovereign

Argentine provinces are accessing global bond markets at the quickest rate in almost ten years, while the federal government remains focused on short-term debt in the domestic market due to investor concerns regarding the upcoming 2027 elections. Chubut, Cordoba, and other provinces, together with Buenos Aires City, have collectively issued bonds amounting to US$2.3 billion … Read more

Blue Dollar News

Argentina anticipates US$55 billion mining boom

Argentine business leaders project that the nation has the potential to draw in US$55 billion in mining investment over the coming decade. This influx presents a significant opportunity to establish a network of local suppliers, fostering job creation and stimulating industrial growth. The figures were presented in a report published on Wednesday by the Argentine … Read more

Blue Dollar Updates

Argentina receives the least FDI in Latin America

In 2025, Argentina ranked lowest in foreign direct investment among the six largest economies in Latin America, as indicated by a regional study. Last year, the country attracted $3.1 billion in direct foreign investment. Brazil led the rankings with US$76.8 billion, trailed by Mexico at US$40 billion, Chile at US$13 billion, Colombia at US$11 billion, … Read more

Blue Dollar Updates

Milei loosens control on peso as reserves reach seven-year peak

A wave of dollars flowing into Argentina is providing President Javier Milei with the opportunity to allow the peso to trade more freely, as the Central Bank’s previously depleted foreign reserves have reached their highest level since 2019. Despite Milei’s affinity for free markets, he has maintained strict control over the currency since assuming office, … Read more

After 20 years, Mercosur is finally expanding beyond South America

The South American bloc Mercosur — comprised of Argentina, Brazil, Uruguay, and Paraguay — is currently experiencing an unparalleled expansion in trade opportunities. Paradoxically, this outcome is largely attributable to the cooperation between Javier Milei and Luiz Inácio Lula da Silva, two administrations positioned at opposing ends of the ideological spectrum. Throughout much of its … Read more

Blue Dollar News

IMF urges tax reform and quicker reserve growth before 2027 vote

The International Monetary Fund has expressed support for Javier Milei’s economic strategy while also challenging the government’s claims regarding the fiscal surplus. The IMF has emphasised the need for tax reform and a more accelerated approach to reserve accumulation in anticipation of the upcoming presidential elections next year. The IMF’s Executive Board concluded the second … Read more

Argentina Pushes Massive Mining Expansion Amid Economic Crisis

The future of Argentina’s economy is situated beneath the surface, at depths exceeding 3,000 metres (9,843 feet) in the Andes, as stated by President Javier Milei. In this strikingly beautiful landscape characterised by snowy peaks, glaciers, and mountains marked by oxidised minerals, excavators are systematically extracting substantial portions of the Andes in pursuit of copper … Read more

Blue Dollar News

Milei slashes export duties on wheat, barley, and soy

President Javier Milei announced a forthcoming reduction in export duties on wheat and barley, effective next month, and on soy, commencing in January, during a speech to rural business leaders in Buenos Aires on Thursday. The measure represents yet another gesture from the La Libertad Avanza leader towards the influential agricultural sector, which constituted over … Read more

Blue Dollar News

Market volatility risks one of Milei’s main objectives

Global financial volatility — particularly the fluctuations in the U.S. Treasury market, a key indicator of the global economy — poses a significant threat to one of the Argentine government’s primary objectives: re-entering international debt markets. “The current level of long-term U.S. bond yields is significant as it signifies a transition in the global cost … Read more