Tag: Argentina central bank

A sizeable fiscal imbalance has led Argentina into a new economic crisis, with a sharp loss of purchasing power for the population and a devaluation of the Argentine peso. In 2019, R$1 paid 14.9 pesos. Now it is equivalent to...
RIO DE JANEIRO, BRAZIL - With the agreement with the IMF delayed and few certainties on the horizon, Argentina faces a critical first quarter: with net reserves of around US$2.5 billion and maturities for US$3.9 billion between now and...
RIO DE JANEIRO, BRAZIL - Argentina announced new measures to strengthen exchange control in the country to close the gap between the official dollar exchange rate and the selling price of the American currency in the parallel market. The Central...
RIO DE JANEIRO, BRAZIL - The consumer price index in Argentina was 36.1% in 2020, a figure that, although lower than the 53.8% of 2019, consolidated the country as the Latin American country in which the prices of the...
RIO DE JANEIRO, BRAZIL - Argentina's economy is expected to grow 5.5% in 2021, after a contraction of about 12% last year due to the COVID-19 pandemic, with inflation seen ending the year at 49.8%, according to a survey...
RIO DE JANEIRO, BRAZIL -  Argentina’s net currency reserves are at or near zero, according to analysts and investors, forcing the central bank into a tough choice: double down on controls that have failed to stem the currency’s decline...

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