MONETARY POLICY Central Bank lowers benchmark rate to 35% from 40% 01-11-2024 12:46 Argentina’s Central Bank lowers benchmark interest rate for the first time in nearly six months.
ECONOMY & POLITICS Argentina officials move to shore up bank support for debt plan 01-07-2024 15:35 Economy Minister Luis Caputo and Central Bank Governor Santiago Bausili sought to shore up support Monday in a meeting with executives from private banks for a monetary policy pivot announced late Friday.
MONETARY POLICY Milei shifts policy in second phase of Argentina plan 29-06-2024 15:30 Milei administration embarks on second phase of economic plan, announcing it will swap out notes held at the Central Bank for new Treasury debt.
Argentina peso bond Argentina peso bond puts balloon, spurring inflation risk 05-03-2024 14:16 Puts on Argentina’s peso debt issued by the Central Bank have surged under Javier Milei’s government, reaching a record and prompting officials to scale back their use amid growing investor concern.
Bloomberg US Treasury Secretary Yellen praises Chile’s policies in visit to lithium-rich ally 01-03-2024 16:42 US Treasury Secretary Janet Yellen on Friday lavished praise on Chile during a visit focused on critical minerals.
INTERVIEW / PERIODISMO PURO Rodolfo Barra: ‘Emergency decrees are for when the going gets tough’ 13-01-2024 06:41 Argentina’s new Treasury attorney defends President Javier Milei’s emergency decree in a feature-length interview that also touches on protest rights, the Supreme Court and his Nazi past during adolescence. by Jorge Fontevecchia
CABINET APPOINTMENTS Milei confirms Luis Caputo will be economy minister 29-11-2023 08:19 President-elect says in interview upon return from trip to United States that both the Treasury and the IMF "understand Argentina's problems perfectly” and that ex-Macri administration official Luis Caputo will serve as economy minister.
ECONOMIC INDICATORS Government has printed equivalent of 18% of GDP since 2019 19-09-2023 09:33 New report says President Alberto Fernández’s administration has printed the monetary equivalent of 3% of GDP so far this year, most of it aimed at the repurchase of bonds to protect their price level.
Regional Sanctions Colombia-based Hezbollah group sanctioned by US 12-09-2023 17:11 United States hits Colombia-based Hezbollah group with sanctions, key figure in clan alleged to have been previously involved in 1994 AMIA bombing in Buenos Aires
DEBT INTERVENTION Argentina’s US$1-billion bond buyback is baffling investors 19-01-2023 14:25 While repurchasing the bonds at a fraction of their face value could ultimately save the country hundreds of millions of dollars in interest and principal payments, investors point out that the government doesn’t have very much room in Central Bank coffers to fund such a lavish buyback.
MARKETS Bonds jump as government stuns market with billion buyback 19-01-2023 02:53 Economy Ministry is using dollars held by the Treasury to fund the buyback, including money it expects to save from energy imports it presumes it won’t need in 2023, according to sources.
BLOOMBERG - OPINION Argentina’s bond buyback seems to make little sense 19-01-2023 02:45 It is generally thought that it is better to buy back bonds when they are cheap than when they have just posted a sharp rise, but perhaps Massa knows something we don't.
INTEREST RATES Central Bank poised to hold the key rate at 75% into next year 30-11-2022 08:34 Central Bank tracking suggests monthly inflation could slow to about 5.5% in November, down from 6.3% in October.