US job data hinders Argentina’s global debt market comeback

President Javier Milei’s administration was on the verge of achieving Argentina’s lowest country-risk rating since assuming power — a crucial step for accessing international debt markets — but recent data from the U.S. seems to have derailed those ambitions once more. On Friday, the Bureau of Labour Statistics unveiled its latest monthly count of new … Read more

Blue Dollar Updates

Argentine dollar purchase exceeds US$10 billion export boom aim

Less than halfway through the year, Argentina’s Central Bank has exceeded its US$10-billion target for dollar purchases, driven by a record crop harvest, an energy boom, and a significant increase in debt issuance by provinces and local companies. The monetary authority acquired US$43 million on Wednesday, as per official figures, surpassing the purchasing target established … Read more

Milei vows fresh laws and ‘unregulated’ AI for tech firms in Argentina

President Javier Milei assured global technology companies on Thursday that Argentina will establish a unique legal framework to promote the advancement of Artificial Intelligence within the country, reiterating his dedication to maintaining a “unregulated” environment for the sector. In an opinion piece, the President presented Argentina as an attractive destination for technology giants, promising to … Read more

OECD Sees Argentina Growing Despite Global Headwinds

Argentina’s economy is projected to expand by 2.8 percent in 2026, even in the face of a deteriorating global economic environment, as per a revised estimate from the Organisation for Economic Co-operation and Development. In its latest report – ‘Under Pressure’ – the Paris-based organisation cautions that the ongoing conflict in the Middle East is … Read more

Blue Dollar News

Chachos return: La Rioja reissues quasi-currency after two years

La Rioja Governor Ricardo Quintela has declared that his administration will reintroduce quasi-currency as a means to finance forthcoming wage increases. The news arrives as the provincial economy continues to be in default with international markets and confronts a contraction in federal revenue transfers. In 2024, La Rioja introduced quasi-currency for the first time in … Read more

Blue Dollar News

IMF Raises Corruption Concerns Over Milei Government

The International Monetary Fund has expressed criticism regarding the management of anti-corruption policies by President Javier Milei’s government, particularly highlighting the leniency in overseeing officials’ asset declarations. This marks the first instance in which the multilateral lender has articulated its position in such severe terms, at least since Argentina resumed borrowing from the IMF in … Read more

Milei government downplays World Cup’s effect on reserves

According to estimates, a journey to watch Argentina’s football national team play its first three games in the 2026 World Cup group stage will cost US$7,850 per person, including average expenses. It represents a significant financial commitment for what is regarded as the most costly World Cup ever, coinciding with a period when Argentina’s currency … Read more

Blue Dollar News

New nuclear policy prioritises exports and international investment

Javier Milei’s administration has redefined the framework of Argentina’s nuclear policy, aiming to emphasise foreign investment and promote high-value-added exports, in alignment with the Nuclear Plan introduced by the president in late 2024. The shift was announced on Sunday during a ceremony commemorating the 76th anniversary of the National Atomic Energy Commission. At the event, … Read more

April Data Signals Weakness in Argentine Economy

Following the unprecedented reading in March, private analysts anticipate a contraction this month, driven by declining industrial output, subdued consumption, and a sluggish soybean harvest that is expected to hinder overall activity. Even as Javier Milei’s government emphasised March’s significant increase in economic activity — an all-time high — most private indicators concur that the … Read more

Blue Dollar Updates

Argentine Provinces Access Global Markets Shunned by Sovereign

Argentine provinces are accessing global bond markets at the quickest rate in almost ten years, while the federal government remains focused on short-term debt in the domestic market due to investor concerns regarding the upcoming 2027 elections. Chubut, Cordoba, and other provinces, together with Buenos Aires City, have collectively issued bonds amounting to US$2.3 billion … Read more