Milei government downplays World Cup’s effect on reserves

According to estimates, a journey to watch Argentina’s football national team play its first three games in the 2026 World Cup group stage will cost US$7,850 per person, including average expenses. It represents a significant financial commitment for what is regarded as the most costly World Cup ever, coinciding with a period when Argentina’s currency … Read more

Blue Dollar Updates

Argentina’s appeal as a global tourism hotspot is fading

Recognised on the tourist map for its diverse landscapes, tango, wine, beef, and football, Argentina has faced challenges in establishing itself as a prominent destination for international travellers. If anything, it has been experiencing a decline in foreign visitors recently. According to Argentina’s statistics institute INDEC, 3,502 foreign tourists arrived in Argentina during the initial … 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

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

Blue Dollar Live

Argentina receives a US$1 billion payout from the IMF

The Executive Board of the International Monetary Fund announced on Thursday the approval of the second review of Argentina’s 48-month Extended Fund Facility agreement, which was signed in 2025. Consequently, the nation is set to obtain approximately US$1 billion, which corresponds to 0.8 billion of Special Drawing Rights, the IMF’s international reserve asset. With these … Read more

Argentina Economy

Argentina’s economy skyrockets in March with broad growth

Economic activity surged in March, reaching a new all-time high with a remarkable growth of 3.5% compared to the previous month and an impressive 5.5% year-on-year. This growth was primarily driven by robust performances in agriculture, industry, and mining. According to the statistics institute INDEC’s Monthly Economic Activity Estimator, it was the largest monthly increase … Read more

Blue Dollar Updates

Milei’s $10 Billion Waterway Bid in Washington Shines

US Secretary of State Marco Rubio has been alerted by the chairman of the House Foreign Affairs Committee regarding a tender initiated by President Javier Milei in Argentina. This tender aims to enhance a crucial waterway, but there are concerns that it may be awarded to a consortium purportedly linked to China. US Representative Brian … Read more

Exports and trade surplus in April exceeded $2.7 billion in Argentina

Argentina’s trade balance recorded a surplus of US$2.711 billion in April, representing the 29th consecutive month of positive results. The outcome was propelled by an unprecedented surge in exports coupled with a reduction in imports. Total trade exchange — combining both flows — reached US$15.118 billion, reflecting a year-on-year increase of 15.1 percent. Exports totalled … Read more