News of bank

Argentina’s Central Bank move raises concern of higher inflation

28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

‘Dollar futures’: Case against Cristina Fernández de Kirchner dismissed

13-04-2021 22:16 Former president and host of former officials cleared of fraud in relation to futures contracts for the purchase of dollars; three-judge panel unanimously rules to dismiss allegations against vice-president, one of eight graft cases she faces in courts.

Mexico, Argentina urge debt relief for middle-income nations

08-04-2021 11:36 Mexico and Argentina call for international debt relief for middle-income countries home to many of the people pushed into extreme poverty by the coronavirus pandemic; IMF open to doing more to support nations hit hard by virus crisis.

Central Bank extends rules for companies to restructure dollar debt

26-02-2021 01:31 BRCA extends deadline for companies to restructure debt in dollars until December 31.

World Bank: Women on average have just 76% of men’s legal rights worldwide

24-02-2021 09:00 World Bank warns coronavirus pandemic is reinforcing gender inequality in many countries, with women on average having roughly three-quarters of the legal rights of men.

Alberto’s 21st-century agenda?

30-01-2021 07:18 In order to imagine an avant garde agenda worthy of the 21st century, Argentina needs to fix its 20th-century problems.

by Agustino Fontevecchia

YPF stuns creditors as nation’s dollars dwindle

23-01-2021 10:15 State energy company’s plan to saddle creditors with losses in a debt exchange leads to frantic unloading of shale driller’s bonds.

Economy Ministry to halt Central Bank advances until end of 2020

03-11-2020 12:53 Economy Ministry says it will not ask the Central Bank for temporary advances of cash in November and December and would target local capital markets for financing instead.

Guzmán: 'There will be no devaluation'

24-10-2020 05:44 Economy minister says currency will depreciate ‘hand-in-hand with inflation,’ as blue dollar soars to close at record high of 195 pesos per greenback.

Blue dollar soars again to close week at 178 pesos

17-10-2020 08:30 Dolár blue has risen by 11 pesos in past week alone, closing week at record high amid continued financial uncertainty.

Fernández: Currency market is messy, it needs order

11-10-2020 17:22 In the wide-ranging interview with El Cohete a la Luna, president says Argentina's currency market is messy and must be “ordered.”

Control of Venezuelan gold held in London cast into doubt

05-10-2020 17:07 British court throws in question who controls nearly US$2 billion in Venezuelan gold stowed in a London bank vault amid a power struggle between President Nicolás Maduro and US-backed opposition leader Juan Guaidó.

Argentina’s new obsession is watching foreign reserves evaporate

05-10-2020 16:14 At brokerages and banks, the calls come in every day with the same question: How many dollars does the Central Bank actually have?

Argentines are finding it almost impossible to purchase dollars

21-09-2020 19:28 Savers are finding it impossible to buy dollars through official channels as banks struggle to adjust to rule changes that tightened restrictions.

Why Macri re-appeared and broke his silence

19-09-2020 10:13 Former president returns to prominence with scathing La Nación column. Sources close to the PRO leader describe his view of Cristina, Alberto and the opposition coalition.

by Ezequiel Spillman

YPF leads Argentina corporate bond rout on new forex limits

16-09-2020 23:27 Corporate bonds from Argentina posted their biggest decline in six months on Wednesday as a new round of capital controls and government restrictions on access to dollars threatened to provoke a wave of defaults.

Central Bank tightens currency controls as peso weakens

16-09-2020 10:29 Central Bank tightens conditions for the purchase of foreign currency, to prevent hoarding, preserve reserves and discourage demand for US dollars.

European leaders ask EU to support postponement of IDB vote

08-09-2020 17:13 Three European leaders enter debate. Vote to elect the next president of the Inter-American Development Bank is currently scheduled to take place by remote session on September 12.

United States 'confident' it has votes to win IDB presidency

03-09-2020 13:30 United States' controversial nomination for the Inter-American Development Bank, Mauricio Claver-Carone, has the support from all 'sub-regions' according to US official.