Argentina’s March Inflation Slows Despite Yearly Uptick
In March, Argentina experienced a notable slowdown in inflation to 11%, yet the year’s cumulative figure climbed to 51.6% according…
Argentina Slashes Interest Rates in Fight Against Soaring Inflation
In a strategic move, the Central Bank of Argentina has significantly reduced its benchmark interest rate from 80% to 70%,…
Argentina delays payments to IMF until April 30
The Argentine Government of President Javier Milei decided to postpone maturities with the International Monetary Fund (IMF) worth US$ 1.94…
Argentina Eyes Record Energy Trade Surplus in 2024
Argentina is on track to significantly increase its foreign exchange earnings and bolster the Central Bank’s reserves in 2024, thanks…
Argentina Sees Notable Decline in Country Risk
In early April, Argentina’s financial health showed signs of improvement, with its country risk falling to 1,302 basis points. This…
Steep hikes in water, electricity, and natural gas tariffs for April
The Argentine government announced steep hikes for public services’ tariffs in April, ranging between 150% and 500%. The increases, implemented…
Parallel Dollar Shows Downward Trend in Argentina
In a noteworthy trend, Argentina’s parallel dollar, or “blue dollar,” has been on a decline, with its rate hitting 1,000…
Major Gas Price Surge Announced in Argentina Amid Economic Strategy
Argentina’s government has raised gas prices significantly to cut its fiscal deficit. This move aims to align prices with inflation…
Argentina Sees Hopeful Decline in Inflation Rates
Argentina’s Finance Minister, Luis Caputo, highlighted a significant drop in March’s inflation to about 10%, signaling an encouraging shift in…