News of blue dollar

Argentina cracks as peso plunge raises risk of messy devaluation

28-04-2023 12:39 Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation.

FINANCIAL TURBULENCE

President Fernández accuses opposition of fuelling peso fall

25-04-2023 17:55 Argentina's currency extends multi-day slump to weaken on parallel exchange markets against dollar to 497 pesos per greenback, with President Alberto Fernández and Economy minister Sergio Massa lashing out at "rumours and false reports."

FINANCIAL TURBULENCE

Economy minister vows to use ‘all tools’ to stop peso’s slump

25-04-2023 15:10 Argentina’s Economy Minister Sergio Massa vowed to staunch a collapse in the nation’s parallel currency rates as the peso’s worth slumps to record lows.

FINANCIAL TURBULENCE

Massa to use ‘all state's tools’ to counter exchange rate turmoil

25-04-2023 15:02 Economy Minister Sergio Massa vows to use “all the tools of the state” to bring “order” to dollar-peso turbulence, as he blames “rumours and false reports” for exchange rate turmoil on parallel markets.

MARKET RUMOURS

Argentina brokerage apologises after spreading devaluation rumour

22-04-2023 18:26 Brokerage firm Max Capital Valores said it “deeply regretted” spreading misinformation over a currency devaluation of the nation’s official exchange rate.

EXCHANGE MARKETS

'Blue dollar' hits 420 – the reasons behind exchange rate turbulence

19-04-2023 12:31 Argentina’s complicated exchange rate spectrum was hit by further turbulence on Tuesday. The reasons behind the instability, according to the experts.

by Santiago Escobar

FINANCIAL TURBULENCE

Peso slumps in parallel market as inflation soars

18-04-2023 20:29 Argentina’s peso tumbled as much as 4.2 percent in the parallel exchange market Tuesday, the most this year.

WHAT LIES AHEAD IN 2023

Economy 2023: inflation and austerity in an election year

11-01-2023 23:28 The new year will be in a state of permanent tension, as Argentina grapples with spending cuts contained in the agreement with the International Monetary Fund and the political needs of a president in an election year.

EXCHANGE MARKET

Argentina’s black-market peso slumps to record ahead of holidays

29-12-2022 15:33 Argentina's black market exchange rate plunged to a record low this week, with the blue dollar hitting 357 pesos per greenback.

HUNT FOR GREENBACKS

Government tries to tempt tourists in search for dollars

04-11-2022 00:07 Authorities to let tourists use their credit and debit cards to tap more generous parallel new exchange rate in bid to boost Central Bank reserves.

CURRENCY CONTROLS

Qatar and Coldplay: Argentina multiplies its exchange rates

13-10-2022 01:43 The 'dólar Catar' and 'dólar Coldplay' were added to Argentina's exchange control jargon on Wednesday.

NEW MEASURES

New taxes slapped on concerts, spending on cards overseas

12-10-2022 16:04 Aiming to "protect reserves for production and job creation,” the National Government introduces new levies to discourage purchases in dollars with debit and credit cards; New measures affect foreign currency purchases in excess of US$300, trips abroad and luxury goods.

BLOOMBERG

Argentina’s black market peso sinks on economy minister shake-up

04-07-2022 14:16 Argentina’s black market exchange rate tumbled on Monday after left-leaning economist Silvina Batakis was appointed as the new economy minister.

Finance & Markets

'Blue dollar' continues to rise amid financial turbulence

28-06-2022 17:46 Parallel dollar quoted at 239 for sale, reaching 242 in some provinces; Country risk soars to record high.

BLOOMBERG

Volatility roars back to Argentina's FX market on commodities drop

27-04-2022 20:26 Volatility has come roaring back to Argentina’s currency market.

ECONOMIC INDICATORS

Peso weakens against dollar in parallel exchange markets

26-01-2022 18:34 Argentina's currency depreciated even further on parallel foreign exchange markets on Wednesday, hitting a record 221 pesos per US dollar.

ECONOMIC INDICATORS

Blue dollar soars to record high as New Year draws closer

30-12-2021 13:10 Argentina's currency plunged on Wednesday on the parallel market, with the ‘blue’ dollar hitting a record high of 209 pesos, marking a 103 percent gap with the official exchange rate of 108.16 per greenback

FINANCIAL TURBULENCE

Blue dollar takes a breather after week of turbulence

12-11-2021 22:04 The so-called ‘Blue Dollar’ fell to 202 pesos per greenback on the last business day before the elections.

Finance & Markets

Currency turbulence continues in lead-up to midterms

10-11-2021 22:49 Argentina's currency fell sharply on Wednesday in unofficial exchanges, with the so-called 'blue dollar' selling at an all-time high of 205 pesos.

ELECTIONS 2021: ANALYSIS

Inflation, exchange rate turmoil complicates government’s election hopes

08-11-2021 11:20 Incessant price rises and the runaway blue dollar are key concerns for the Peronist government as campaigning for Argentina’s midterm elections enters final week.

by Mirta Fernandez

FINANCIAL TURBULENCE

Currency turbulence continues: Blue dollar closes at 199

05-11-2021 18:26 In the last three weeks, the 'blue' dollar has soared 15 pesos, widening the gap over the official exchange rate and adding to inflationary pressures.

ECONOMY MINISTER

Martín Guzmán: ‘There will be no devaluation’

25-10-2021 11:02 Argentina’s economy minister plays down rumours of an upcoming devaluation, declares that record US$57-billion IMF credit-line was “a political loan” that helped finance Mauricio Macri’s re-election campaign.

CURRENCY

Pre-election jitters send blue dollar, country risk rate soaring

22-10-2021 21:56 Peso weakens in parallel and informal exchange rates, sending JP Morgan ‘country risk’ rate soaring.

BLOOMBERG – ANALYSIS

Argentina's peso weakens past key level in parallel market

22-10-2021 19:01 Argentina’s parallel exchange rate weakened past a key threshold on Friday, as demand for assets in hard currency climbed ahead of the upcoming midterm elections in November.

BLOOMBERG

Argentina tightens capital controls ahead of midterm elections

13-08-2021 14:11 Regulators tighten screws on so-called blue-chip operations, where investors buy assets in pesos and sell them abroad in dollars to obtain foreign currency.

exchange rate

Blue dollar rises to 185, highest price since October

23-07-2021 19:25 Argentina’s currency continues to depreciate in parallel exchange markets; Informal ‘blue’ dollar rate has risen by 17 pesos so far in July.

News of blue dollar

Argentina cracks as peso plunge raises risk of messy devaluation

President Fernández accuses opposition of fuelling peso fall

Economy minister vows to use ‘all tools’ to stop peso’s slump

Massa to use ‘all state's tools’ to counter exchange rate turmoil

Argentina brokerage apologises after spreading devaluation rumour

'Blue dollar' hits 420 – the reasons behind exchange rate turbulence

Peso slumps in parallel market as inflation soars

Economy 2023: inflation and austerity in an election year

Argentina’s black-market peso slumps to record ahead of holidays

Government tries to tempt tourists in search for dollars

Qatar and Coldplay: Argentina multiplies its exchange rates

New taxes slapped on concerts, spending on cards overseas

Argentina’s black market peso sinks on economy minister shake-up

'Blue dollar' continues to rise amid financial turbulence

Volatility roars back to Argentina's FX market on commodities drop

Peso weakens against dollar in parallel exchange markets

Blue dollar soars to record high as New Year draws closer

Blue dollar takes a breather after week of turbulence

Currency turbulence continues in lead-up to midterms

Inflation, exchange rate turmoil complicates government’s election hopes

Currency turbulence continues: Blue dollar closes at 199

Martín Guzmán: ‘There will be no devaluation’

Pre-election jitters send blue dollar, country risk rate soaring

Argentina's peso weakens past key level in parallel market

Argentina tightens capital controls ahead of midterm elections

Blue dollar rises to 185, highest price since October

Latin America's leaders and UNASUR: unity in the midst of divergence

Javier Milei confident he’ll win election in run-off

Brazil sees Argentina in urgent need of another bailout

Opposition criticism as President Fernández meets with Maduro

Jorge Macri chosen as PRO mayoral candidate in City

Plazo fijo: nuevamente aumentaron las tasas de interés en los bancos

Hija de la azafata detenida: "Me podés cagar la vida por una pendejada"

El Consejo de la Magistratura aprobó la suspensión y el juicio político al juez Bento por mal desempeño

García Cuerva, el nuevo arzobispo, desmintió su "filiación K"

Máximo Kirchner en China: dijo que es "admirable" la política educativa