Tomás Carrió (EN)
Editor - Argentina
English
What to Expect In Argentina In the Run-Up to Milei’s Investiture
How will the dollar, debt and Argentine assets perform in the coming weeks? Fernando Marengo, of BlackTORO Investments, and Salvador Vitelli, of Romano Group, spoke to Bloomberg Línea’s La Estrategia del Día Argentina podcast
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Argentina Needs to Dollarize, Praetorian Capital’s CIO Says
In an interview with Bloomberg Línea, Harris Kupperman says everybody has lost faith in the Argentine peso, and that a Massa victory in the election runoff threatens another four years of gridlock
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Exclusive: Argentina to See Record Banknote Circulation With Imports from Germany
Argentina's mint, Casa de Moneda, has launched a tender to obtain almost 90 million banknotes from Leipzig, and which will make the circulation of 9.15 billion bills a record amount
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Argentina Adds Another Exchange Rate With ‘SME Dollar’
The special exchange rate for small and medium-sized enterprises will launch from October 9 and will be applicable to 25% of such companies’ export revenues
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Argentina to Propose Payments In Yuan for Brazilian Imports
Argentina’s Foreign Minister Santiago Cafiero says the invitation to join the BRICS bloc will allow the country to increase and consolidate its export markets
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IMF Green-Lights $7.5 Billion Disbursement for Argentina
The government confirmed the new lifeline for the central bank, which will use the same funds to repay debt with the International Monetary Fund
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IDB’s Executive Director for Argentina Resigns to Join Javier Milei’s Campaign
Guillermo Francos, executive director for Argentina and Haiti at the Inter-American Development Bank, has announced he is joining the presidential candidate’s team in the hope of contributing to “a fairer and more dignified country”
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Dollarization ‘Not the Answer’ for Argentina, Former IMF Board Member Says
In a warning to presidential candidate Javier Milei, Mark Sobel says dollarization would be “too risky” and that resolving the country’s economic woes would require a lot of work
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Argentina Announces Sharp Devaluation for the Peso as BCRA Hikes Key Interest Rate
The official exchange rate reached $350 per US dollar this Monday, up from $287 on Friday, while the monetary authority is attempting to get ahead of market volatility
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What Is Libertarian Candidate Javier Milei’s Plan for Argentina’s Economy?
The far-right political outsider, who won this Sunday’s primaries, has an electoral platform based on shutting down the central bank and a full dollarization, as done by countries like Ecuador and Panama
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Shock Election Results in Argentina with Libertarian Javier Milei as Most Voted Candidate
With more than 94% of the votes counted, the Libertarian candidate was on top with 30.20% of the votes. Juntos por el Cambio was in second with 28.25%, and Unión por la Patria third with 27.15%
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Argentine Oil Company YPF Reports Profit Drop Despite Surge in Vaca Muerta Output
The state-run energy company announced its second-quarter results, showcasing growth in shale production and investments, although its profit margins narrowed
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This Is What Markets Will Be Honing in on During and After Argentina’s Primaries
The outcome of the primary elections this Sunday will keep both long-term investors and traders on edge. What uncertainties remain and where will the market be focusing?
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Argentina Faces ‘Biggest Sanction Imposed by a US Court’ In YPF Expropriation Case
The trial that has begun in New York could see Argentina obliged to pay up to $16 billion to Burford Capital over the expropriation of the company in 2012
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What Are Sergio Massa’s Chances of Winning Argentina’s Presidential Elections?
The current economy minister announced his last-minute candidacy on June 23. Where do opinion polls place him compared with the other candidates?
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US Hedge Fund Investing In ‘Bankrupt’ Argentina Explains Why It Remains Bullish
Praetorian Capital believes that the South American country’s economy has “bottomed out” and that a cycle of recovery will begin with the change of government this year
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Argentina’s Debt Swells to Record Levels
Debt has surpassed 60% of GDP, and has increased by 4.4% in foreign currency and almost 90% in pesos since the start of President Alberto Fernández’s administration
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Argentine Elections: Inflation Is Likely Biggest Obstacle to Government’s Reelection
A study shows that when annual inflation surpasses a certain percentage, the chances of a government achieving reelection diminish
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Exclusive: Inflation-Hit Argentina to Import Banknotes from Europe Prior to Elections
The country’s mint, Casa de la Moneda, launched two tenders for the transportation of pesos from Europe, at a cost of millions of dollars
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Argentina’s SMEs Call for Special Exchange Rate to Increase Exports, Competitiveness
Following the launch of the ‘agri-dollar’, the country’s small and medium-sized enterprises have called for a segment-specific exchange rate
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Why Cash Is No Longer Convenient for Tourists In Argentina
Due to the government extending the preferential exchange rate to bank cards, such method of payment by non-residents has increased by 280%
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Exclusive: Argentina to Introduce Special Exchange Rate for Wine Exporters
The country’s Economy Minister Sergio Massa announced the so-called ‘Malbec dollar’ exchange rate, to be launched April 1 and remain in place for at least the rest of this year, amid declining wine exports
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Exclusive: Argentine Banks Build More Vaults Amid Record Banknote Circulation
Banks have confirmed a critical cash accumulation, with the number of peso banknotes in circulation having reached a record 8.06 billion as smaller-denomination notes lose their value
News in English
Exclusive: Argentina’s Lemon Cash Received Investment From Failed Crypto Exchange FTX
The crypto exchange that filed for bankruptcy in the US participated in an extension of the Argentine company’s Series A round, and Lemon Cash in turn invested in FTX, the fintech’s CEO Marcelo Cavazzoli has confirmed to Bloomberg Línea
News in English
Argentina’s US Dollar Exchange Rates Now Total 15
The government of President Alberto Fernández has confirmed the introduction of two more exchange rates, for those spending more than $300 per month abroad, and for organizers of entertainment and sporting events