Blue Dollar Updates

Milei’s Midterm Victory Sparks Oil and Gas Funding Surge in Argentina

President Javier Milei’s victory in the October midterms provided reassurance for numerous market sectors. Oil and gas emerge as significant beneficiaries, as La Libertad Avanza’s decisive victory has triggered a surge in corporate bonds. The companies within the sector exhibit a uniformly optimistic outlook. The majority are converging on the markets in search of investors … Read more

Banks believe Milei is poised to let the peso float freely

Banks indicate that La Libertad Avanza’s success in the midterm elections presents a distinct opportunity for President Javier Milei’s Government to accelerate economic normalization, focus on acquiring international reserves, and adjust the exchange rate regime – or potentially liberalize it. Citibank, one of the entities through which the US Treasury purchased pesos to intervene in … Read more