Market analysts concur that the Argentine economy is projected to expand at a rate significantly lower than previously anticipated in 2026, with numerous assessments indicating that the economy may already be experiencing a recession. Those conclusions arise from the September Market Expectations Survey (in Spanish, REM), a monthly poll conducted by the Central Bank. The … Read more
Argentina’s enduring fixation on the U.S. dollar stems from a history marked by recurrent economic crises and persistent inflation. It is also one of the factors contributing to the swift adoption of cryptocurrency in the country. An analysis reveals that Argentina boasts a user base four times larger than the average Latin American nation: 12% … Read more
The JPMorgan EMBI+ index for Argentina, referred to as “country risk,” has been on an upward trajectory in recent weeks, driven by uncertainty related to the upcoming elections, recent economic indicators, and a decline in reserve acquisitions by the Central Bank. Renewed volatility in United States Treasury bonds over the last week – which sent … Read more
The government’s economic estimates for inflation, the dollar-peso exchange rate, and economic activity were the most anticipated in the 2027 budget. First, it should be noted that the economy ministry’s projections are more optimistic than those of market analysts. This disparity is most noticeable when it comes to economic growth, where there is a difference … Read more
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
After a 2025 characterised by unprecedented levels of Argentines travelling abroad – and a corresponding record outflow of foreign currency – the latest data indicate a reversal in this trend: a decline in the number of Argentines vacationing overseas, coupled with an increase in the arrival of foreign tourists to the country. In July, the … Read more
As the election year approaches, a recurring debate regarding the Argentine economy is once again becoming a focal point among market experts. Will the government permit the dollar-peso exchange rate to persist in its ascent, consequently reducing interest rates, or will it opt to sustain elevated yields in pesos to prevent capital flight toward the … Read more
On Wednesday, Argentina and China announced the extension of a multi-billion-dollar currency swap agreement for an additional five years, according to financial authorities. The 130-billion-yuan (roughly US$19 billion) agreement between Beijing and cash-strapped Buenos Aires has been in effect since 2009. The monetary authority is pursuing enhanced stability in anticipation of the forthcoming 2027 election. … Read more
Argentina’s Central Bank halted a nearly seven-month period of dollar acquisitions, occurring just a day after the IMF urged officials to continue increasing foreign currency reserves. The monetary authority refrained from purchasing greenbacks in Argentina’s official currency market on Tuesday, marking the first instance of such an action since January 2, as stated by a … Read more
Private economists, economists, and financial institutions anticipate that Argentina’s monthly inflation rate will decline to below two percent starting in August, marking the first occurrence of this trend in several months. According to the Central Bank’s latest poll of leading firms and experts, Argentina is projected to experience an annual inflation rate of approximately 30 … Read more
