During an informal gathering, the International Monetary Fund is going to assess a deal with Argentina that is worth twenty billion dollars in United States dollars. An informal session of the International Monetary Fund’s staff and executive board is set to take place in Washington the following week. During this gathering, the IMF intends to engage … Read more

The Argentine Chamber of Deputies has approved a decree authorizing the government to negotiate a new agreement with the International Monetary Fund (IMF) to secure additional funding. The approval, achieved with 129 votes in favor, 108 against, and six abstentions, empowers President Javier Milei to proceed without Senate debate. The agreement aims to stabilize markets … Read more

As the year 2024 draws to a close, President Javier Milei has presided over a second straight quarter of economic expansion in Argentina. This has enhanced his hopes for a powerful showing in the impending midterm elections, which are taking place at a time when financial markets are anticipating a new accord with the International … Read more

The Argentine Chamber of Deputies approved a decree authorizing the government to negotiate a new agreement with the International Monetary Fund (IMF) to secure additional funding. The approval, achieved with 129 votes in favor, 108 against, and six abstentions, empowers President Javier Milei to proceed without Senate debate. The agreement aims to stabilize markets and … Read more

Buenos Aires, March 18, 2025 — Argentina’s financial markets experienced a series of noteworthy developments yesterday, reflecting both the challenges and strides within the nation’s economy. From currency fluctuations to fiscal achievements, here’s a comprehensive overview of the day’s key financial events. Peso Under Pressure Amid Central Bank Interventions The Argentine peso faced renewed depreciation … Read more

Buenos Aires, March 17, 2025 — Argentina’s financial markets experienced a series of noteworthy developments yesterday, reflecting both the challenges and strides within the nation’s economy. From currency fluctuations to fiscal achievements, here’s a comprehensive overview of the day’s key financial events. Peso Under Pressure Amid Central Bank Interventions The Argentine peso faced renewed depreciation … Read more

Unexpectedly, the central bank lowered the benchmark interest rate in anticipation of a slowdown in inflation. Amidst decreasing monthly inflation and the peso’s continued appreciation against the US dollar in parallel markets, the Central Bank of Argentina made an unexpected decision to decrease its benchmark interest rate from 100% to 80%. The monetary authority explained … Read more

Spenders and savers in Argentina are in for a nightmare this month and next as the economy experiences a rare time of abnormality. The primary goal of the first hundred days of Alberto Fernández’s presidency, which now seem like another century, was to revive the country by forming a socioeconomic council consisting of the conventional … Read more

The biggest employer in Argentina, small and medium-sized enterprises saw their spending fall 25.5% year-over-year in February, continuing a streak of double-digit declines. As Argentina sinks further into recession due to President Javier Milei’s austerity measures, consumers have little choices for protecting themselves against spiraling prices. Argentine business organization CAME released statistics on Sunday evening … Read more