News of banks

Two local banks allow customers to buy cryptocurrencies

03-05-2022 12:51 Banco Galicia, the country’s largest private bank by market value, and digital bank Brubank SAU will allow their customers to purchase crypto including Bitcoin, Ether and USDC starting Monday.

WELFARE & POVERTY

Millions relying on food banks and soup kitchens as prices surge

29-04-2022 14:51 More than four million people depend on food banks and soup kitchens to eat in Argentina, and although the country has a well-oiled welfare network, the fight against high prices is tough and uncompromising.

Mining

Report: Mining firms targeting Brazil protected indigenous lands

23-02-2022 13:04 Major mining companies are seeking to expand to currently protected indigenous lands in the Amazon rainforest, bolstered by billions of dollars in financing from international banks and investment firms

Bloomberg

The carry trade is minting big returns in Latin America again

09-02-2022 15:32 The carry trade is roaring back in Latin America, home to some of the world’s most aggressive inflation-fighting central banks.

BLOOMBERG

Inflation is raging everywhere, but it’s worst in Latin America

23-11-2021 13:57 Inflation shocks are spreading pain around the world, but nowhere is it as bad as Latin America.

BLOOMBERG

Argentina says banks must maintain USD position through end November

05-11-2021 02:04 Argentina's Central Bank announced Thursday that the country's financial entities must maintain their foreign currency positions until the end of November, according to an emailed statement.

BLOOMBERG

Interest rates aren’t the only weapon in global inflation fight

01-11-2021 09:00 As the cost of living surges all over the world, governments aren’t leaving the job of containing inflation to their central banks. They’re responding in other ways too.

BLOOMBERG

Fintech firms get more time to claim tax exemption

30-09-2021 14:24 AFIP to give fintech firms more time to register and obtain a tax benefit after a flood of applications.

IMF DEBT TALKS

Argentina made US$1.9-billion IMF payment amid election fallout

22-09-2021 14:26 Argentina transferred the International Monetary Fund US$1.88 billion Wednesday, complying with the first principal payment of record bailout.

BLOOMBERG – ANALYSIS

The problem with Latin America’s rate hikes: they barely work

09-09-2021 14:25 From Brazil to Mexico, banks tighten faster than global peers; Unstable politics and off-the-books economies limit the impact

Bloomberg

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.

BLOOMBERG

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

Bloomberg

Buenos Aires bankers’ return to office imperiled by Covid surge

07-04-2021 17:07 Several of Argentina’s largest banks succeeded at getting more employees back to headquarters as the virus toll abated in South America’s second-biggest economy. A rising case count now puts that path into question.

BLOOMBERG

Argentine banks ask for some relief after worst year since 2007

27-03-2021 08:34 After posting their worst returns in 13 years, nation’s banks are blaming part of their losses on government’s pandemic measures and asking the Central Bank for help.

BLOOMBERG

Banco Galicia CEO: Inflation will keep battering banking returns

19-02-2021 12:42 Argentine banks took a beating last year, and the nation’s biggest lender says the industry is at risk of a repeat performance.

BLOOMBERG

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?

News of banks

Two local banks allow customers to buy cryptocurrencies

Millions relying on food banks and soup kitchens as prices surge

Report: Mining firms targeting Brazil protected indigenous lands

The carry trade is minting big returns in Latin America again

Inflation is raging everywhere, but it’s worst in Latin America

Argentina says banks must maintain USD position through end November

Interest rates aren’t the only weapon in global inflation fight

Fintech firms get more time to claim tax exemption

Argentina made US$1.9-billion IMF payment amid election fallout

The problem with Latin America’s rate hikes: they barely work

Argentina’s Central Bank move raises concern of higher inflation

Argentina’s peso mess is delivering windfall profits to brokers

Buenos Aires bankers’ return to office imperiled by Covid surge

Argentine banks ask for some relief after worst year since 2007

Banco Galicia CEO: Inflation will keep battering banking returns

Argentina’s new obsession is watching foreign reserves evaporate

Salman Rushdie on ventilator after stabbing

Argentina asked crop exporters to bring US$1 billion next week

Argentine actress Christian Bach dies after illustrious soap opera career

Argentina's Ambassador to China condemns Pelosi’s visit to Taiwan as a ‘provocation’

Venezuela creeps out of hyperinflation, but no-one feels it

Alberto Fernández cuestionó las casas de madera y los fabricantes salieron a responderle

El exabrupto de Tombolini sobre la inflación: "No me explico el aumento de la ropa. Estoy recaliente"

Espert lanzó un duro pronóstico por la inflación: "Argentina va a terminar miserable como Somalia"

Qué dice "Los versos satánicos", el libro por el cual hace 32 años Irán ordenó ejecutar a Salman Rushdie

Nueva ley para la compra de antibióticos: qué cambia y lo que hay que saber