News of peso dollar

Two minimum wages now cover eight days of family expenses

15-05-2025 00:39 With the national wage council talks deadlocked, the Milei government has again unilaterally established the basic pay increase for registered workers, passing from 296,832 pesos in March to 302,600 pesos in April – a raise of 5,768 pesos.

by Agustina Bordigoni

What was the exchange rate when Milei came into office?

16-04-2025 16:10 Official exchange rate almost doubled from near 400 pesos to 838 pesos per greenback in the initial four days after Milei’s inauguration – now it stands closer to 1,200.

Argentina fights on two fronts to defend peso, draining reserves

02-08-2024 14:14 Argentina’s decision to extend its defence of the peso to the parallel market is draining its foreign currency reserves and denting the most fragile of commodities in its battered economy: investor confidence.

Why the Argentine peso is slipping through Milei’s fingers

18-01-2024 23:30 Despite Javier Milei's best efforts, the gap between blue and official rates remains, and the peso has plunged by about a third against the dollar this year.

Argentina assets brace for sell-off after Massa forces run-off

23-10-2023 08:17 Investors braced for a sell-off after Economy Minister Sergio Massa did better than forecast in Sunday’s presidential vote, dashing hopes for an outright win by a more market-friendly candidate.

A US$500-million cash pile at Argentina’s main airport unnerves banks

19-10-2023 00:06 Banks have seen a sharp increase in dollar withdrawals at their branches ahead of the election. Forced to import cash to meet the surge in demand, a government move meant to stem “irregularities” in foreign trade has compounded concerns.

Peso tumbles with dollarisation rush amping up before vote

05-10-2023 17:25 Argentina’s peso is tumbling as Argentines rush to exchange pesos for dollars ahead of presidential elections later this month, posting its worst losses since an August sell-off.  

Argentina’s dollarisation is a ‘bad idea’, top economists say

07-09-2023 13:13 Dollarising Argentina’s economy — as proposed by presidential candidate Javier Milei — is a bad idea that will do little to solve the country’s long-standing fiscal problems, three of Latin America’s most-renowned economists said.

Argentina's public debt reaches a new record above US$400 billion

19-07-2023 18:33 In June, public debt increased by almost US$ 5 billion to US$ 400 billion. Specialists have conducted analyses on sustainability.