MONETARY POLICY Central Bank likely to hold rate despite inflation spike 09-10-2023 21:04 Argentina’s Central Bank board plans to keep its benchmark interest rate unchanged despite inflation data hovering around a three-decade high.
DEFAULT ON THE CARDS? Argentina vote shock leaves investors dreading the next default 16-08-2023 14:05 Investors are fretting about the implications of negotiating with little-known populist Javier Milei when an all-but-inevitable deby restructuring process comes.
DEBT RESTRUCTURING Argentina inks Paris Club debt agreements with three more nations 28-06-2023 12:12 Argentina signs three new accords to finalise restructuring of near-US$2-billion Paris Club debt; Agreements now inked with 15 out of 16 member nations, Japan only remaining holdout.
Debt intervention Argentina to buy back US$1 billion in foreign debt 18-01-2023 09:15 Economy Minister Sergio Massa says Argentina’s government will buy back US$1 billion of foreign debt in bid to improve the country’s debt and risk profile; Measure, confirmed via resolution published in Official Gazette, focused on global bonds maturing in 2029 and 2030.
MERCOSUR TRADE BLOC Mercosur members avoid rupture at summit as leaders voice concerns 07-12-2022 00:55 Summit ends with parties reiterating their differences over free-trade deals, as President Alberto Fernández accuses Uruguay’s Luis Lacalle Pou of wanting to ‘break up’ the Mercosur trade bloc.