Blue Dollar Updates

Falling tax income and industry protests highlight economic activity

The absence of a prolonged economic recovery, which constitutes the primary challenge facing President Javier Milei’s economic strategy, has once more come to the forefront. Total tax revenue data for August was reported on Tuesday at AR$20.51 trillion. Despite a 33.5% year-over-year increase relative to August 2025, consulting firm ACM determined that, when accounting for … Read more

Javier Milei

Milei claims Argentines are managing despite rising unemployment

President Javier Milei reappeared after several days without a public appearance, delivering an effusive speech in which he dismissed concerns over rising unemployment, falling wages and companies closing during his administration. “Let’s see the kind of stupid things people repeat every day, like ‘people can’t make ends meet,’ or ‘technologic progress destroys jobs’?” he said … Read more

Blue Dollar Updates

Milei addresses financial shortage to foster growth

President Javier Milei’s administration is beginning to transition from an exclusive emphasis on combating inflation to a more nuanced approach, as growth, employment, and his approval ratings face challenges in gaining momentum. Argentina’s Central Bank permitted the currency to depreciate over the past three months, while the nation’s Treasury is facilitating increased liquidity in the … Read more

Milei Unveils Five-Point Plan to Reform Argentina’s Central Bank

President Javier Milei announced on Thursday the specifics of his strategy to reform the Charter of the Argentine Central Bank, a fundamental element of his economic agenda for the upcoming months. He made the announcement on national television, a platform previously utilised for economic declarations, including the presentation of the 2026 budget proposal. In his … Read more

Argentina Peso

Milei has cut private sector wages by roughly 4%

One of the pillars of Argentina’s economy, consumer spending, has continued to stagnate, which can be explained by the fact that the majority of incomes in the country’s formal economy have not yet returned to their pre-President Javier Milei levels. In its most recent report, Nadín Argañaraz examined the six primary sources of income within … Read more

Blue Dollar Updates

Caputo boldly asserts Argentina will hit zero inflation

Economy Minister Luis Caputo has confidently asserted that Argentina will achieve “zero inflation” under President Javier Milei’s administration. Speaking on Sunday, Caputo argued that the key difference between the Milei administration and its predecessors in office is that the current government is “addressing the root cause” of Argentina’s problems, namely that “the country was spending … Read more

Argentina’s Minimum Wage Hits Lowest Purchasing Power in Decades

The Argentine minimum wage has served as a historic benchmark for salary negotiations within both the formal and informal sectors of the economy. That benchmark, however, has undergone significant alterations since President Javier Milei assumed office in December 2023. Since then, the SMVM has undergone a consistent decrease in purchasing power and is presently at … Read more

Milei supports Central Bank reform, credits Scaloni

President Javier Milei ardently advocated for his administration’s economic direction, called for a comprehensive overhaul of the Central Bank charter, and expressed his anticipations for Argentina’s forthcoming World Cup quarter-final clash with Switzerland on Saturday. In a radio interview with Now 97.9 FM, Milei asserted that his policies have driven economic growth, claiming that consumption … Read more

US Dollar

Argentina’s favourite interest awakens: June dollar jumps over 5%

After lying dormant through the first half of the year, the dollar — that great Argentine obsession — experienced a resurgence in June, climbing more than 5% over the month to reach its highest level since October 2025. On June 30, the U.S. currency appreciated to 1,482 pesos in the wholesale market — the segment … Read more

Utility price hikes are strangling Argentina’s poor and impeding recovery

The utility-rate adjustment implemented by Javier Milei’s government has significantly diminished the purchasing power of lower-income households, thereby hindering the recovery in domestic consumption — and consequently, in economic activity. Utilities have experienced a significant increase, surpassing the average inflation rate since Milei assumed office. The Interdisciplinary Institute of Political Economy has projected that from … Read more

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