Argentina’s stock surge focuses on oil as the economy cools

Argentina’s stock market is starting to reflect the economy’s uneven growth under President Javier Milei, with energy shares capitalising on elevated oil prices, while other sectors remain stagnant. The nation’s benchmark S&P Merval index is currently down nine percent in 2026 when measured in dollars, reflecting a cooling off from a rally that commenced in … Read more

Argentine economy experiences 1.4% decline in July

Argentina’s economic activity declined by 1.4% in July relative to the same month the previous year, according to data released by the country’s official national statistics agency on Thursday. The decline for Latin America’s third-largest economy fell short of the 1.8% growth anticipated by analysts and represented a drop from the 2.7% increase noted in … Read more

Blue Dollar Updates

Argentina Wants Better Terms for Milei’s US Trade Deal

Advisers to President Javier Milei in Argentina have informed the administration of US President Donald Trump that they lack the necessary votes in the nation’s Congress to ratify the bilateral trade agreement signed last February, according to sources familiar with the situation. Milei’s administration seeks to revisit the terms in light of the US Supreme … Read more

Javier Milei

Milei Heads to US for UN Assembly and Key Meetings

President Javier Milei is set to travel to the United States this evening to participate in the 81st United Nations General Assembly in New York. Milei, 55, is set to address the General Assembly on Wednesday and will utilise his remaining time in the US to engage in discussions with economists, business leaders, and representatives … Read more

Blue Dollar Updates

Argentina Senate Approves Tax Changes to Unlock Hidden Savings

To encourage Argentines to withdraw their savings from the shadow economy and into the legitimate sector with less oversight, the Senate authorised changes to the government’s Fiscal Innocence bill. Less regulation and more tax breaks are part of the overhaul. Last December, the Fiscal Innocence bill was first passed. To prevent punishing residents for hiding … Read more

Blue Dollar News

IMF Begins Third Review of Milei’s Economic Program

On Monday, September 21, a technical team from the International Monetary Fund will arrive in Buenos Aires to formally begin the third evaluation of Javier Milei’s economic program. During their stay, the technical staff of the IMF will engage in discussions with officials from the Ministry of Economy and the Central Bank. The emphasis will … Read more

Argentina Economy Contracts 0.6% in Second Quarter

Argentina’s economy experienced a contraction in the second quarter, representing the first decline in two years and signalling a setback for President Javier Milei’s administration. Gross domestic product decreased by 0.6 percent in the April-June period compared to the preceding three months, outperforming the median estimate of analysts surveyed, which anticipated a decline of 0.9 … Read more

Trump claims he can resolve the UK-Argentina Malvinas conflict

US President Donald Trump stated that he could mediate the ongoing dispute between Argentina and the UK regarding the Malvinas (Falkland) Islands if requested. He also expressed scepticism about the British government’s capacity to mobilise resources for the defence of the territory if necessary. On Saturday, Trump was enquired about a recent telephone conversation with … Read more

Argentina Inflation Slows to 1.7% in August Under Milei

In August, inflation in Argentina fell to 1.7%, according to the report released on Thursday by the National Institute of Statistics and Censuses. This figure indicates a deceleration from the 2.1% noted in July. It marks the second occurrence in 2026 where the inflation rate has fallen beneath the 2% threshold. It signifies the lowest … Read more

Blue Dollar

Oil and agriculture prices protect Milei from higher dollar demand

The demand for dollars in Argentina has reverted to levels reminiscent of the market sell-off experienced last year, despite the unexpected stabilising effect of the conflict in Iran on President Javier Milei’s currency policies. In July, Argentines’ acquisitions of US banknotes surged by 35 percent month-on-month, reaching US$3.4 billion. This figure marks the highest monthly … Read more

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