Argentine rates top 80% amid currency crisis and cash shortage

On Wednesday, Argentine short-term interest rates surged as the government intensified its measures to protect the peso, exacerbating a liquidity crisis that is constraining an already vulnerable economy. The yield on local government Lecap notes due November 28 increased to 87 percent from 74 percent on Tuesday and from 51 percent at the end of … Read more

Blue Dollar Live

IMF chief says Argentina’s reform success hinges on public support

The managing director of the International Monetary Fund, Kristalina Georgieva, stated that the success of Argentina’s program is contingent upon popular support. “Argentina is implementing a significant adjustment program,” Georgieva stated on Wednesday at the 2025 Annual Meetings held at the Milken Institute in Washington, DC. “The success is going to be based on carrying … Read more

Javier Milei - Kristalina Georgieva

Argentina’s fresh IMF loan was approved despite concerns from top decision-makers

The IMF’s latest substantial loan to Argentina — a country with a history of defaults now under the leadership of a close ally of Donald Trump – has raised concerns among many of the Fund’s senior decision-makers. It received approval nonetheless. Argentina’s new loan with the International Monetary Fund was approved even though it raised … Read more

International Monetary Fund : IMF

IMF sticks to Argentina growth forecast amid global uncertainties

The IMF maintains its growth forecast for Argentina, undeterred by prevailing global uncertainties. The International Monetary Fund (IMF) has upheld its growth forecast for Argentina at 5.5 percent for the year 2025, notwithstanding the prevailing uncertainties in global trade. The multilateral lender referenced the “positive data” observed in the initial months of the year. The report recognized … Read more