Argentina
Argentina Eyes Economic Rebound: IMF Forecasts Positive Growth
The International Monetary Fund (IMF) recently projected growth for Argentina's economy in late 2024.
The announcement occurred during a press conference in Washington, D.C.
Julie Kozack,...
Argentina’s Path to Dollarization
On Wednesday, Argentina's Economy Minister, Luis Caputo, confirmed the government's commitment to dollarizing the economy.
Caputo explained the government's "currency competition" plan in an interview with local television network LN+.
Positive indicators, like slowing inflation, support...
Central Bank of Argentina Reduces Interest Rate to 40%
The Central Bank of the Argentine Republic (BCRA) announced a new interest rate reduction yesterday night.
They lowered the reference rate from 50 percent to...
Milestone Moment: Argentina’s Dip into Single-Digit Inflation
April marked a historic moment for Argentina under President Javier Milei's leadership, with inflation...
March 2024: A Tough Month for Argentina’s Industry
In March 2024, Argentina's industrial sector faced a sharp decline, plummeting 21.2% from the same month the previous year.
This...
Musk’s Endorsement Sparks Surge in Argentine Market
Elon Musk's recent endorsement of Argentina as a promising investment destination sparked a notable surge in the Argentine stock market.
Following his public meeting with...
Argentina Unveils New 10,000-Peso Banknote to Combat Inflation
Argentina's Central Bank (BCRA) introduced the new 10,000-peso banknote and is distributing it nationwide via banks and ATMs.
This note...
Milei’s Diplomatic Path to Reclaim Falkland Islands Sovereignty
President Javier Milei of Argentina aims to reclaim the Falkland Islands (Islas Malvinas) from the United Kingdom through a...
Argentina’s Stock Market Surges 54% Under Milei’s Presidency
Since economist Javier Milei of the La Libertad Avanza party assumed office on December...
Argentina’s Trade Dynamics: A Shift in 2024
In the first quarter of 2024, Argentina's trade landscape underwent significant transformations.
Exports surged by 18.6%,...
Argentina Lowers Interest Rates to 50%, Marking Third Cut Since April
This significant reduction is the fourth under Javier Milei's leadership, and notably, the third since April.
The decision not only...
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