BONDS & MARKETS Argentines pile into short-term bonds to dodge FX controls Today 16:16 Domestic businesses and investors are paying a premium to stock up on dollars in a creative effort to sidestep currency controls.
BONDS & MARKETS Argentina to ‘try not to’ sell bonds in January, Caputo says Today 14:56 “The objective is to eliminate the dependence the country has on Wall Street,” says economy minister.
POLITICS – ANALYSIS Milei’s tactical retreat and the liquid contours of power 20-12-2025 08:48 Milei’s libertarians have grown in owned legislative muscle, they still need from circumstantial allies and provincial governors to pass legislation. by Agustino Fontevecchia
Analysing Argentina Wide open field for Milei 20-12-2025 07:44 A libertarian but not a “libertidiot,” as he likes to say, Milei seems to have picked security rather than risk for the new stage of his administration. It is a good choice. by Marcelo J. García
ANALYSIS: SHOCK THERAPY Milei stymies wild peso swings as he resets Argentine FX policy 18-12-2025 01:34 The Central Bank’s FX desk is about to play a more prominent role as President Javier Milei seeks to accumulate reserves.
NEW APPOINTMENT Darío Wassermann named new president of Banco Nación 17-12-2025 13:01 New head of leading public bank closely linked to Presidential Chief-of-Staff Karina Milei and Economy Minister Luis Caputo;
MONETARY POLICY Milei gives in to IMF pressure and opens door to inflation risk 17-12-2025 12:50 Economic team has relinquished price deceleration as its overriding priority in an effort to break through the floor of Argentina’s country risk rating, but new strategy faces market scepticism over government’s financing capacity. by Eugenia Muzio
BONDS & MARKETS Argentina moves closer to bond market return with peso pivot 16-12-2025 22:08 Central Bank will begin to gradually unwind the tight grip it keeps on the currency starting January; Officials also say they’re going to start buying dollars to boost the Central Bank’s cash stockpile.
GOVERNMENT & POLITICS Milei names new chief as head of ARCA tax bureau resigns 16-12-2025 08:21 Juan Pazo, head of ARCA (ex-AFIP) tax bureau steps down to return to private sector; Government names head of DGI tax inspectorate, Andrés Edgardo Vázquez, as replacement.
CENTRAL BANK ANNOUNCEMENT Argentina to adjust peso's exchange rate bands in line with inflation 15-12-2025 23:13 President Javier Milei’s government says it will adopt a new monetary framework, adjust the peso’s trading bands in line with inflation and build up Central Bank’s international reserves.
RETURN TO MARKETS Government stages market comeback with local dollar bond sale 10-12-2025 22:53 Demand for the US$1-billion sale reached US$1.42 billion; Deal seen as dry run for Argentina's eventual resumption of overseas borrowing.
MARKETS & BONDS Argentina’s dollar bond sale tests foreign demand under Milei 10-12-2025 15:39 A bond sale planned for Wednesday may be a small step for Argentina’s government at home, but a major move toward a potential return to international debt markets.
AGRICULTURE Argentina trims export duties for agricultural products 09-12-2025 14:28 Economy Minister Luis Caputo announces “permanent reduction” in export duties for soybeans, maize, wheat and other crops, including derivatives.
AGRICULTURE & ECONOMY Milei cuts export taxes on Argentine soy, corn and wheat 09-12-2025 14:15 President Javier Milei’s government has reduced export duties on soybeans, corn and wheat.
NEW BOND ISSUANCE Argentina announces return to international debt markets 05-12-2025 11:23 Dollar-denominated BONAR 2029N bond will carry a 6.5% interest rate and is the first such issuance since 2018.
BONDS & MARKETS Argentina to sell local law bond in dollars amid Milei momentum 05-12-2025 11:12 So-called Bonar bond is due in November 2029, the Economy Ministry said on X. Part of the money will be used to cover upcoming maturities on sovereign debt
LOANS ON WAY? Caputo: Argentina negotiating loan of up to US$7 billion with banks 03-12-2025 23:33 Economy Minister Luis Caputo confirms negotiations with private banks are ongoing over an amount equivalent to US$7 billion.
MARKETS & DEBT Argentina readies return to foreign bond market 03-12-2025 15:46 Argentina, the serial defaulter, wants to return to international bond markets; Approval of labour and tax reforms by new Congress could be the trigger.
ENERGY & GAS Milei signs deal with Chubut to scrap export duties on conventional oil 20-11-2025 16:50 National government and Chubut Province sign agreement to eliminate export duties on conventional crude oil; Province will revise royalties and companies will maintain their investments.
ANALYSIS: SHOCK THERAPY Milei defies investor calls to build up foreign currency FX reserves 20-11-2025 11:18 Why the government is hesitant to build up international reserves, let the peso float and relax currency controls.
ENERGY & GAS Continental buys Pluspetrol shale field, says Luis Caputo 18-11-2025 08:54 Harold Hamm’s Continental Resources Inc is entering Argentina’s burgeoning shale patch, announces Economy Minister Luis Caputo.
IMF DEBT PROGRAMME Argentina awaits data before seeking to renegotiate IMF targets 15-11-2025 16:32 Argentina intends to renegotiate reserve requirements, but will wait until the end of the year to do so.
POLITICS – ANALYSIS Libertarian bliss and Macri’s shadow 15-11-2025 05:40 Macri felt invincible in the aftermath of the 2017 midterm victory, as does the President today. But hubris is a dangerous ailment for victorious politicians. by Agustino Fontevecchia
EDITORIAL Are second parts never any good? 15-11-2025 05:00 Ever since the petrodollars gobbled up by the 1976-1983 military dictatorship, the grim sequence of debt, default and debacle has been an all too central part of Argentina’s decline.
IMF INTERVENTION IMF warns government it needs to build up foreign reserves faster 13-11-2025 18:25 International Monetary Fund staff urge government to build up its foreign reserves faster; Intervention adds fuel to debate between Milei’s team and some investors over whether overhaul of currency policy is necessary.
ARGENTINA'S FINANCES Argentina’s US$870-million boost of IMF holdings points to US aid 13-11-2025 00:00 Data from the International Monetary Fund hints a potential new form of US financial aid for President Javier Milei’s government.
ECONOMIC OUTLOOK Luis Caputo: ‘It’s possible Argentina will grow by up to 10% in 2026’ 12-11-2025 12:57 Argentina’s economy minister says growth could reach five or six percent next year, but could rise as high as 10 percent should President Milei’s reform push be successful.
ANALYSIS: SHOCK THERAPY Milei keeps the peso from driving huge price hikes 12-11-2025 10:59 Shoppers increasingly stick to essentials and foot traffic is thinning, limiting the ability of businesses to raise prices.
ECONOMIC POLICY Caputo tells bankers Argentina to build reserves, buy back bonds 10-11-2025 10:53 Economy Minister Luis Caputo tells investors Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band.
BLOOMBERG REPORT Milei, Caputo to meet investors in New York Friday 04-11-2025 23:19 Javier Milei and Luis Caputo will meet a select group of investors and company representatives in New York on Friday.
Cabinet changes Milei moves to ‘purify’ Cabinet, leaving PRO outside looking in 01-11-2025 12:08 Guillermo Francos departs with Manuel Adorni replacing him; Santiago Caputo set for key role; President Milei set to centralise and consolidate power in bid to forge a ‘pure’ libertarian Cabinet.
POLITICS Milei delays Cabinet changes after electoral triumph 30-10-2025 00:27 President says that he may avoid further modifications until change of Congress on December 10.
ELECTION REPERCUSSIONS Wall Street banks say Milei now has a chance to freely float peso 27-10-2025 17:57 Financial giants see a favourable scenario for Argentina to move towards a floating exchange rate for the peso and reignite a plan to rebuild reserves.
ELECTIONS 2025 Argentines cast ballots in make-or-break midterm for Milei 26-10-2025 15:14 Argentina is voting Sunday in a midterm election that will serve as a crucial referendum on President Javier Milei’s ambitious austerity policies.
US BAILOUT OF ARGENTINA Bessent’s intervention in Argentine peso soars past US$1 billion 25-10-2025 16:10 The US spent an amount well in excess of US$1 billion this month acquiring Argentine pesos, according to market estimates.
COST OF POWER Milei spent around US$7.4bn protecting dollar pre-election 25-10-2025 16:03 Sunday’s legislative elections come at a historic cost: President Milei’s government has used around US$7.4 billion – a figure that could rise to US$8.4 billion, including funds from US Treasury are included – to keep the peso-dollar exchange rate stable over the two months leading up to the vote. According to Banco Provincia, it is the fourth-largest foreign exchange intervention since 2003. by Carlos Burgueño
NEW FOREIGN MINISTER From crisis to relaunch: Quirno’s in-tray at Foreign Ministry 25-10-2025 10:03 Beyond economic matters, Pablo Quirno’s Foreign Ministry will focus on promoting abroad the core elements of Milei’s “cultural battle,” a push launched the moment the head of state took office. by Juan Pablo Kavanagh
ELECTIONS 2025: ANALYSIS Milei, the two Caputos and the two anchors 25-10-2025 06:08 Milei and the two Caputos have the path laid out for them. The “two anchors” that will give them a future are tied to applying the necessary adaptations to the economic policy plan and creating the conditions for circumstantial legislative majorities. This situation appears possible under any electoral scenario, even a potent Peronist victory. by Agustino Fontevecchia
Cabinet changes Milei names finance secretary Pablo Quirno as Argentina’s new foreign minister 23-10-2025 14:49 President Milei’s reshuffle gets underway early; Finance secretary and former JP Morgan executive Pablo Quirno, a close ally of Economy Minister Luis Caputo, named Argentina’s top diplomat following resignation of Gerardo Werthein.
POLITICS: MIDTERMS 2025 Caputo: Midterms are 'more important than 2027 presidential vote' 22-10-2025 23:44 Economy Minister Luis Caputo says current exchange rate regime “will remain exactly the same” in an attempt to dispel fears of an imminent post-election peso devaluation.
Funds and bonds Bessent steps in to protect profits of friendly investors in Argentina 22-10-2025 17:03 US Treasury Secretary Scott Bessent comes to the rescue of hedge funds including BlackRock, Fidelity, Pimco and Discovery Capital Management, all of which bought Argentine bonds. Several fund managers share a professional past with the US official.
POLITICS Cabinet reshuffle: Who will head Milei’s ministries going forward? 22-10-2025 15:05 One by one, the post-election changes President Milei is preparing for his Cabinet; Among the names being discussed are Santiago Caputo, Patricia Bullrich, Luis Petri, Guillermo Francos and more. by Alejandro Gomel
CURRENCY TURBULENCE Peso breaks losing streak amid FX intervention 22-10-2025 13:11 Argentina's peso strengthened, snapping a five-day losing streak amid continued market intervention by both the local and US governments.
US-ARGENTINA BAILOUT Bessent’s plan runs short on time to line up Argentina financing 21-10-2025 21:33 US Treasury has been floating a US$20-billion financing deal involving banks, but key details such as the debt’s terms, structure and collateral remain unaddressed.
POLITICS Milei to reshuffle Cabinet post midterm election, says report 21-10-2025 08:38 President Milei is expected to reshuffle his cabinet after Sunday's midterm elections, 'Clarín' reported Monday.
ANALYSIS On raucous outsiders and statesmen 18-10-2025 06:47 The Milei administration has shown time and time again they lack the capacity to build sustainable political alliances and that stubbornness on the economic front has led to the repetition of mistakes from the recent past. The President has shown that when political momentum is on his side, he abuses good fortune to castigate political opponents and preach cultural war. by Agustino Fontevecchia
ANALYSING ARGENTINA Yankees come home 18-10-2025 06:26 Exactly 20 years ago next month, Washington silently retreated from the region. Now it’s coming back, in full swing. by Marcelo J. García
CURRENCY WOES Peso drops against dollar amid fresh US backing 17-10-2025 18:42 Argentina's peso has been fluctuating wildly ahead of next week's midterm elections next week, disrupting the savings and spending plans of locals who fear an imminent devaluation.
BILATERAL TRADE TALKS ‘Very soon’ – Argentina’s ambassador to Washington on US trade deal 16-10-2025 15:12 Alec Oxenford confirms trade agreement between Argentina and the United States; Milei’s envoy says “significant” accord is “culmination of months of intense diplomatic effort” and could be announced “very soon.”
POLITICS & ECONOMY US$20bn currency swap could be agreed before midterms, says Bausili 16-10-2025 01:31 Economy Minister Luis Caputo and Central Bank chief Santiago Bausili say landmark currency swap deal with Trump administration could be sealed before the October 26 midterms by Santiago del Carril