Argentina says IMF asked for 100% devaluation after primary elections
After the primary elections on August 13, the International Monetary Fund (IMF) proposed a 100% and, subsequently, a 60% devaluation...
August 17, 2023Topic
economic news Argentina
BofA forecasts sharp decline in Argentine peso by 2024
According to analysts at Bank of America, the Argentinian Peso, currently one of the weakest currencies globally, is predicted to...
August 16, 2023
Argentine unofficial dollar reaches record high
The unofficial dollar in Argentina, commonly called the blue dollar, reached a new peak today, closing at 598 pesos per...
August 9, 2023
Unofficial dollar rate reaches new record in Argentina
The unofficial dollar rate, known as the "blue dollar," reached a new nominal record of US$566 for purchase and US$571...
August 3, 2023
Industrial activity in Argentina reaches 7-year high in first half of 2023
In the first half of 2023, Argentina's industrial sector saw a significant rise, recording its best performance since 2016.
July 26, 2023
New Argentine government measures push up the price of the dollar in the country
The U.S. dollar value in Argentina's unofficial market has spiked to a new high, following recent monetary and fiscal policies...
July 25, 2023
China’s Zijin Mining Group considers lithium investment in Argentina
China's Zijin Mining Group is in talks to build a lithium conversion plant in Argentina, collaborating with Camyen and YPF....
July 11, 2023
Argentina’s Foreign Direct Investment (FDI) reaches highest level since 2012
Argentina witnessed a remarkable surge in Foreign Direct Investment (FDI) in 2022, with a significant increase of 123.2 percent compared...
July 11, 2023
Record low net reserves raise concerns amid Argentina’s election season
Argentina's Central Bank (BCRA) is facing historically negative net reserves, causing concern among investors ahead of the upcoming PASO elections.
July 10, 2023