Economy Surges Beyond Expectations Post-Midterm Election

Argentina’s economy experienced growth exceeding expectations in December, attributed in part to a record wheat harvest that mitigated the repercussions of a significant midterm election. Economic growth increased by 1.8 percent in December relative to November, as reported on Tuesday, following a contraction of 0.3 percent in November for South America’s second-largest economy. Compared to … Read more

Blue Dollar Updates

Argentina to lose 1.2 million primary students by 2030

A recent report indicates that Argentina is projected to experience a decline of 1.2 million primary school pupils by 2030 compared to 2023, underscoring the nation’s demographic deceleration. The report, entitled ‘Present and future in the number of students per teacher and grade,’ was developed by María Sol Alzú and Martín Nistal from Argentinos por … Read more

Luis Caputo

Argentina will fund January maturities with US currency debt

Argentina’s Economy Ministry announced on Friday the issuance of a local-law bond denominated in U.S. dollars, aimed at addressing the debt maturities scheduled for January. The newly issued bond, designated as BONAR 2029N, is set to be tendered on December 10, with a maturity date in 2029 and a semiannual coupon rate of 6.5%. The … Read more