News of dollar

Analysts keep eye on reserves as uncertainty pushes blue dollar to 160

10-10-2020 10:05 Central Bank buys dollars for first time since mid-September, as uncertainty pushes blue dollar sky-high.

What we learned this week: October 3 to 10

10-10-2020 09:56 Our pick of the stories from the last seven days in Argentina.

Argentines are starting to withdraw dollar savings from banks

26-09-2020 09:54 Data suggests savers are now choosing to hold the physical dollars versus keeping them at the bank, on concerns that more severe restrictions could be on the way.

The incredible shrinking peso

26-09-2020 08:58 The desperate attempts that are being made to keep the dollar out of arm’s reach are bound to prove counterproductive; it is the government’s way of inadvertently warning people that, yet again, the economy is going under.

by James Neilson

Pesce and Guzmán split over curbs on dollar purchases

19-09-2020 09:26 Government’s economic team split on latest crackdown, as well as how long new rules should remain in place.

What we learned this week: September 12 to 19

19-09-2020 09:18 Stories that caught our eye over the last seven days in Argentina.

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.

Cristina & Macri’s pornographic obsession with the dollar

06-06-2020 08:38 Monetary debasement is a policy that every Argentine government since the return of democracy has collaborated with, and those “smart” enough to play the game have always stored their wealth as far as they can from Argentine pesos, Macri and Cristina included.

by Agustino Fontevecchia

Suspension of local debt payments shows not all bondholders are equal

06-04-2020 16:11 Plan to stop payments on some dollar-denominated debt burns investors who put their faith in domestic bonds, improves outlook for holders of international notes.

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 cuts revive February inflation spike fears

25-01-2020 09:59 The Central Bank has slashed interest rates the most in the world in recent weeks, reviving concerns about an oft-repeated monetary policy misstep that triggers faster inflation in the country near the start of the year.

Peso to weaken against dollar even more, says top forecaster

16-01-2020 07:44 Analyst predicts peso may reach 100 per greenback by end of the year – a 40 percent decline from the official rate now.

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.

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.

Could dollarisation be Argentina's salvation?

30-10-2019 14:50 To a growing number of respected economists, the only path to a fresh start for Argentina involves embracing the US dollar.

by Mac Margolis

Macri extends olive branch to Fernández over economy

28-10-2019 14:40 At a meeting Monday morning, the two discussed plans to steer the nation out of the looming economic crisis.

Tensions in exchange markets intensify ahead of election

24-10-2019 14:29 Peso selling at 62 per US dollar on official markets, reaching as high as 69 per greenback in Córdoba.

Markets: Here’s what to watch after Argentines vote on Sunday

24-10-2019 13:34 With frontrunner Alberto Fernández in pole position, the question is how much support the new government will get in Congress and how conciliatory he may prove to market-friendly incumbent Mauricio Macri.

What we learned this week: September 22 to 27

28-09-2019 03:55 Key stories from the last seven days.

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.