BLOOMBERG Argentina’s currency woes show no sign of easing 10-10-2020 08:31 Argentina’s hodge podge exchange rate regime is running out of steam.
ECONOMIC POLICY 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.
BLOOMBERG Argentina would ease currency controls if debt talks are successful 29-05-2020 14:56 Central Bank leaders implemented new controls Thursday night, restricting companies’ access to the foreign exchange market to pay for obligations overseas in dollars or other currencies.
Bloomberg Unofficial exchange rate slumps as printing presses warm up 14-04-2020 15:51 Argentina's unofficial exchange rate dropped on Monday after President Alberto Fernandez indicated the country may be preparing to turn on the printing presses to revive the economy.
LATAM MARKETS LatAm stock exchanges suffer new plunge over coronavirus 12-03-2020 22:36 Argentina's main stock exchange crashed by nearly 10 percent on Thursday as markets continued to panic, while falls also recorded in Chile, Colombia and Brazil.
RATE CUT Central Bank cuts interest rate to 38% 06-03-2020 08:00 In its statement, the Central Bank’s committee said cooling prices justified the rate cut but that the economy wasn’t in the clear yet.
RATE CUT Central Bank lowers key rate to 40%, extending cuts 19-02-2020 18:15 Central Bank chief Miguel Pesce justifies the rate cuts as a tool to help turn around Argentina’s economy, which is expected to contract for the third straight year in 2020.
RATE CUT Central Bank cuts key interest rate for fifth time since December 10 30-01-2020 21:29 Rate floor cut to 48 percent on Thursday from 50 percent. Central bank chief Miguel Pesce has lowered it from 63 percent since taking office December 10.
ECONOMIC INDICATORS BA stock exchange soars as economic measures kick in 26-12-2019 21:50 The Buenos Aires stock exchange rose by almost six percent on Thursday as a package of economic reforms came into effect in Argentina.
TRANSITION 2019 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.
PESO SLUMPS Chile's Central Bank to inject US$4 billion to halt curency slide 14-11-2019 11:05 Chile's currency closed at a new record low for the second day running on Wednesday after losing another 1.5 percent amidst a weeks-long crisis.
bloomberg Argentine bonds sink to 36 cents as Fernández stays mum 13-11-2019 17:43 Investors are seeking definition and signs Argentina will do everything to avoid default. But president-elect Alberto Fernández still hasn't detailed his plans.
ECONOMIC INDICATORS Central Bank alters 2019 forecasts: 3% drop in GDP, inflation at 55.6% 05-11-2019 14:15 Monthly survey carried out by Central Bank downgrades forecasts for Argentina's economy.
CURRENCY CONTROLS Central Bank tightens 'cepo,' sets US$50 limit on cash advances abroad 31-10-2019 22:10 The move comes three days after the Central Bank sharply tightened currency exchange controls to stem a surge in capital flight.
CENTRAL BANK Sandleris asks for 'basic consensus' to ensure Argentina grows 16-10-2019 08:29 "If we manage to build basic consensus, our economy can leave behind instability and crisis, so that we can begin to grow steadily and begin to lower inflation," declares Central Bank chief.
BLOOMBERG Stock and bond trading decimated in once red-hot Argentina 07-10-2019 16:59 Assets under management at local banks and brokerages have plummeted 25% since the primaries. Stock trading has fallen by half, and local bond volume is down by two-thirds.
BLOOMBERG With controls in place, Central Bank cuts 85% rate, buys dollars 18-09-2019 14:08 Institution's move to choke off dollars hands peso some breathing room, with Central Bank buying dollars for first time in seven months.
Bloomberg MercadoLibre makes Argentina home to best bond in emerging markets 06-09-2019 08:01 A convertible note from MercadoLibre Inc., the Buenos Aires-based e-commerce company with operations across Latin America, has trounced its peers with a 72 percent return this year. That’s the best performance in all of emerging markets.
ECONOMIC INDICATORS Stock Exchange down 11.9% on second day of currency controls 03-09-2019 18:14 The Merval index of the Buenos Aires Stock Exchange fell 11.9 percent on Tuesday, with slumps registered for banks and energy companies.
BLOOMBERG Bonds fall, peso seen steady as capital controls begin 02-09-2019 12:21 Money managers dumped Argentina’s Eurobonds after the government imposed capital controls on Monday morning.
BLOOMBERG Bond investors keen to hear from Alberto Fernández's economic advisors 27-08-2019 12:24 Money managers including BlackRock, Goldman Sachs and others have made contact with advisers to Alberto Fernández, with some pleasantly surprised by what they've heard.
CHANGE AT THE TREASURY Peso stability a priority, declares new Finance Minister Hernán Lacunza 20-08-2019 13:46 "Guaranteeing the exchange rate is a first-order objective," says Lacunza, who also promises that Argentina would keep 2019 fiscal targets set in alignment with IMF.
ANALYSIS Macri, Fernández play game of chicken as Argentine markets sink 13-08-2019 12:42 Who’s to blame for the epic Argentina market sell-off over the past two days?