In June, there was a notable increase in monthly dollar purchases, coinciding with the upcoming national legislative elections in Argentina scheduled for October 26. A recent report from the Central Bank reveals that one million individuals chose to purchase United States currency last month, amounting to a total of US$2.4 billion. This marks an increase … Read more
As the October midterm elections approach in just two months, the administration of President Javier Milei is focusing primarily on demonstrating to Argentines its commitment to continuing the fight against inflation. For two consecutive months, May and June, it has achieved robust figures below two percent per month, recording 1.5 and 1.6 percent, respectively. This … Read more
As Argentina approaches its national legislative elections in a matter of months, the government is intensifying its efforts towards a singular objective: the reduction of inflation. However, despite the recent deceleration in consumer prices and wholesale inflation being met with approval, other economic indicators could potentially jeopardize Economy Minister Luis Caputo’s approach. It is important … Read more