News of currency reserves

Argentina rating upgrade hinges on reserve build-up, Fitch says

27-03-2026 10:29 Argentina’s path to a credit rating upgrade depends on the sustained build-up of foreign-currency reserves, says top exec at Fitch Ratings.

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

MONETARY POLICY

Argentina to loosen currency policy and build reserves

15-12-2025 16:22 Beginning in 2026, the peso’s trading bands will expand at the same rate as monthly inflation, announces Argentina’s Central Bank.

POLITICS & ECONOMY

Milei readies major reforms while markets await currency shift

09-12-2025 15:28 Argentina currently allows the currency to trade within a strict set of bands, a policy that has helped keep inflation in check. But analysts say it has also created an overvalued peso that is weighing on the economy.

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.

WASHINGTON'S RESCUE PACKAGE

United States buys pesos, confirms US$20-billion lifeline for Milei

09-10-2025 18:26 Washington steps in to save Milei with direct purchase of pesos and a US$20-billion currency swap; US Treasury Secretary Scott Bessent ready to take “exceptional” measures to stabilise Argentina’s economy in the face of "acute illiquidity.”

ANALYSIS: SHOCK THERAPY

Currency arbitrage costs Milei US$2 billion a month in Argentina

01-10-2025 12:59 A temporary surge in farm-export dollars has prompted Argentines to purchase cheap greenbacks.

AGRICULTURE & ECONOMY

Milei’s tax cut on crops quickly lures US$7 billion

25-09-2025 08:52 Agro exporters rush to take advantage of temporary drop in export duties; Experts call on government to boost Central Bank reserves.

ANALYSIS: SHOCK THERAPY

Milei intervenes in currency market despite letting peso float

28-05-2025 11:36 Argentina’s government has intervened in the currency markets to influence the peso’s value and is likely to miss reserve accumulation targets.

ANALYSIS: SHOCK THERAPY

Milei defies forecasts so far as Argentina’s peso strengthens

23-04-2025 22:41 Analysts see a stronger peso over the next few months with traders buying into President Javier Milei's plan.

FIN DE CEPO?

Caputo announces new IMF deal, end to exchange controls

11-04-2025 18:45 President Javier Milei's government announces elimination of foreign exchange controls ahead of confirmation of new US$20-billion IMF programme.

ECONOMY – ANALYSIS

IMF deal fine print could disrupt China swap renewal

10-04-2025 05:36 In June, the grace period China granted Javier Milei expires. Washington is already pressuring Buenos Aires over the currency swap, with US$6.5 billion remaining frozen.

by Eugenia Muzio

POLITICS & ECONOMY

Milei says legislative win paves way for monetary policy pivot

28-06-2024 13:56 President Milei says government will change its monetary policy framework following his first major legislative victory.

FOREIGN CURRENCY RESERVES

Milei’s push to rebuild Argentina’s foreign reserves grinds to a halt

26-06-2024 23:36 Argentina's Central Bank is struggling to rebuild its chest of foreign reserves as it starts to spend money in currency markets to defend controls propping up the peso.