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 Updates

Argentina missed early bond sales

Argentina’s government has set ambitious goals to reduce country risk, yet these aspirations appear misaligned with the current reality, potentially leading to a missed opportunity for re-entering debt markets, according to investors. Javier Milei’s administration opted against issuing in January, considering it prohibitively expensive despite sovereign spreads reaching eight-year lows and growing anticipation. Currently, momentum … Read more

Digital Transactions

Argentina’s Fintech Debt Trap Exposes Soaring Loan Defaults

In a recently viral video, a young woman outlines her financial strategy: “I take out a AR$20,000 loan from Mercado Pago. And to pay that loan, I take out a loan from Ualá. Then I take out another loan from Mercado Pago and use that to pay Ualá. Mercado Pago and Ualá pay each other; … Read more