News of demand

Milei’s FX gambit sparks sharpest demand for dollars since 2019

02-06-2025 17:31 Demand for dollars in Argentina at its highest since 2019 after President Javier Milei all but eliminated foreign-exchange restrictions.

'Shock Therapy'

Clamour for pesos leads banks to tap repo market

23-10-2024 12:47 A surge in demand for local currency in recent months has left Argentina's commercial banks needing access to pesos.

BEEF CONSUMPTION

Beef consumption in Argentina falls to lowest in a century

08-07-2024 16:32 Per capita consumption in 2024 forecast at around 44.8 kilos per capita, the lowest figure in more than a century.

BEEF CONSUMPTION

Milei’s shock therapy sends demand for beef to 110-year low

08-07-2024 14:41 Beef demand is forecast to drop below 45 kilos (99 pounds) a person this year, the lowest in data going back to 1914.

THIRST FOR CURRENCY

Argentines suddenly need pesos after Milei pitched dollarisation

04-06-2024 08:48 More people in Argentina are now selling some of their dollar savings for pesos to make ends meet than those buying greenbacks – the abrupt revival of demand is an unexpected consequence of President Milei's shock-therapy policies.