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…
Argentinians Buy Bitcoin to Combat Inflation
In a particularly encouraging development, ordinary citizens are turning to Bitcoin in record numbers for its classic use-case as a…
Argentina Faces Historic Wage Slump Amid Economic Reforms
Argentina’s private sector witnessed the sharpest wage decline in nearly 30 years due to the peso’s significant devaluation under President…
Argentina cuts interest rates to 80% as inflation cools
The Central Bank of Argentina announced a significant decrease in its benchmark interest rate, reducing it from 100% to 80%.…
Government lifts food import restrictions to tackle inflation
Argentina’s government will lift import restrictions on staple foods and other basic goods in a bid to lower inflation. Companies…
Argentina inflation slows for a second month as President Milei keeps pushing austerity measures
Argentina’s inflation slowed in February for a second consecutive month, as right-wing President Javier Milei continues to push austerity and…
Argentina seeks breathing room with peso swap worth US$65 billion
Argentina is starting a record swap of peso-denominated debt in a bid to roll over almost all of its 2024…