News of ceremony

Argentina’s currency woes show no sign of easing

10-10-2020 08:31 Argentina’s hodge podge exchange rate regime is running out of steam.

Central Bank optimistic over post-bond swap future

25-08-2020 19:20 Central Bank Governor Miguel Ángel Pesce says closure of the debt swap deal would relieve pressures on exchange markets and improve economic expectations.

BLOOMBERG

Argentina would ease currency controls if debt talks are successful

29-05-2020 14:56 Central Bank leaders implemented new controls Thursday night, restricting companies’ access to the foreign exchange market to pay for obligations overseas in dollars or other currencies.

Bloomberg

Central Bank to pause run of rate cuts

12-03-2020 22:33 Central Bank plans to keep its policy rate unchanged, as it weighs the impact of sell-off on world markets.

RATE CUT

Central Bank cuts interest rate to 38%

06-03-2020 08:00 In its statement, the Central Bank’s committee said cooling prices justified the rate cut but that the economy wasn’t in the clear yet.

RATE CUT

Central Bank lowers key rate to 40%, extending cuts

19-02-2020 18:15 Central Bank chief Miguel Pesce justifies the rate cuts as a tool to help turn around Argentina’s economy, which is expected to contract for the third straight year in 2020.

OSCAR CEREMONY

‘Parasite’ makes history with Oscar win, opening doors for international pictures

10-02-2020 13:54 South Korean thriller ‘Parasite’ made Oscar history on Sunday by becoming the first non-English-language film to win the best picture award, along with 3 others prizes. However, Argentine nominees who worked on ‘The Irishman’ went home empty handed.

RATE CUT

Central Bank cuts key interest rate for fifth time since December 10

30-01-2020 21:29 Rate floor cut to 48 percent on Thursday from 50 percent. Central bank chief Miguel Pesce has lowered it from 63 percent since taking office December 10.

Killing of Qassem Soleimani

Iran's supreme leader prays over general slain by United States

06-01-2020 10:48 Procession for Qassem Soleimani draws huge crowd of mourners and followers, said by police to be in the millions. Late general's replacement vows to take revenge for his killing, while Tehran officially abandons remaining limits of 2015 nuclear deal.

TRANSITION 2019

Sandleris confirms resignation as Central Bank chief

05-12-2019 06:58 Central Bank chief confirms he will resign post ahead of December 10 handover. Argentina's monetary institution has had 61 presidents in the 84 years since its founding.

BLOOMBERG

Argentina running dangerously low on dollars to pay back debt

12-11-2019 17:18 Argentina must repay US$5 billion by the end of 2019. It doesn’t have much to work with.

ECONOMIC INDICATORS

Central Bank alters 2019 forecasts: 3% drop in GDP, inflation at 55.6%

05-11-2019 14:15 Monthly survey carried out by Central Bank downgrades forecasts for Argentina's economy.

CURRENCY CONTROLS

Central Bank tightens 'cepo,' sets US$50 limit on cash advances abroad

31-10-2019 22:10 The move comes three days after the Central Bank sharply tightened currency exchange controls to stem a surge in capital flight.

CENTRAL BANK

Sandleris asks for 'basic consensus' to ensure Argentina grows

16-10-2019 08:29 "If we manage to build basic consensus, our economy can leave behind instability and crisis, so that we can begin to grow steadily and begin to lower inflation," declares Central Bank chief.

BLOOMBERG

Central Bank raises rate floor to 78% as prices soar

18-09-2019 21:27 The rate floor will lower to 68% for all of October, while Central Bank officials project that Argentina’s monetary base will grow at a monthly rate of 2.5% in September and October.

BLOOMBERG

With controls in place, Central Bank cuts 85% rate, buys dollars

18-09-2019 14:08 Institution's move to choke off dollars hands peso some breathing room, with Central Bank buying dollars for first time in seven months.

ECONOMIC INDICATORS

New Central Bank survey predicts 55% inflation in 2019

04-09-2019 09:46 GDP anticipated to contract by 2.5% this year, survey of economists and consultancy firms reveals.

BLOOMBERG

Bond investors keen to hear from Alberto Fernández's economic advisors

27-08-2019 12:24 Money managers including BlackRock, Goldman Sachs and others have made contact with advisers to Alberto Fernández, with some pleasantly surprised by what they've heard.

CHANGE AT THE TREASURY

Peso stability a priority, declares new Finance Minister Hernán Lacunza

20-08-2019 13:46 "Guaranteeing the exchange rate is a first-order objective," says Lacunza, who also promises that Argentina would keep 2019 fiscal targets set in alignment with IMF.

D-DAY REMEMBRANCE: 75 YEARS ON

Chasing demons: 75 years on, D-Day still haunts and drives its veterans

05-06-2019 14:28 They are back. Some for the first time since war stole their innocence 75 years ago on Normandy's D-Day beaches. Here, in their own words, veterans explain why they wanted to return.

D-DAY REMEMBRANCE: 75 YEARS ON

97-year-old D-Day veteran parachutes into Normandy once again

05-06-2019 14:20 D-Day veteran TomRice jumped with the US Army's 101st Airborne Division on that momentous day 75 years ago. Today, he jumped once again, to honour those who descended into gunfire and death ahead of the June 6, 1944, seaborne invasion.

D-DAY REMEMBRANCE: 75 YEARS ON

Looking back to 1944: Read how one journalist reported on the D-Day landings

05-06-2019 14:11 Today, we are republishing an original report from Associated Press journalist Don Whitehead, first published in June 1944, to mark the 75th anniversary of the assault that began the liberation of France and Europe from German occupation.

D-DAY REMEMBRANCE: 75 YEARS ON

Queen Elizabeth II, Trump and world leaders honour veterans on D-Day anniversary

05-06-2019 13:56 Leaders gather Wednesday on the south coast of England to honour the troops who risked and sacrificed their lives 75 years ago on D-Day, the bloody but ultimately triumphant turning point in World War II.

FOURTH ANNIVERSARY OF DEATH

Four years on, the truth behind Alberto Nisman's death remains hidden

18-01-2019 17:28 The prosecutor was found dead just hours before he would have detailed his accusations against Cristina Fernández de Kirchner before Congress.