President Javier Milei and Economy Minister Luis Caputo have repeated that they will defend the existing framework of daily ...
Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s struggling economy, the country’s Economy Minister Luis Caputo announced Tuesday. The stark move ...
Argentine presidential candidate Patricia Bullrich wants both the dollar and peso to be official currencies. This represents a different take versus full dollarization, a policy advocated by ...
BUENOS AIRES, Jan 17 (Reuters) - Argentina's black market peso exchange rate ARSB=weakened a sharp 5.6% on Wednesday to a record low of 1,250 per dollar, with its gap to the official rate widening ...
BUENOS AIRES, Jan 9 (Reuters) - Argentina's official peso currency has started the year weakening at a faster pace than seen in recent months, falling 0.52 percent so far this month to 8.5975 per U.S.
Argentina devalued its peso by 54% on Tuesday, sending the official rate to 800 per US dollar. President Javier Milei has committed to radical policy shocks to get the economy on better footing. Other ...
BUENOS AIRES, Aug 14 (Reuters) - Argentina's central bank will raise the benchmark interest rate to 118% from 97% previously, an official source said Monday, adding the country's currency will be ...