News Argentina Banks: Argentina banks hopeful of a return to normal
Argentina’s large banks are nearing a pivotal point in their business models due to the country’s rapidly falling inflation. The rate of increase in Argentina in July fell to 4% (month on month), and ...
News Argentina Banks: Argentina will ease bank dollar lending to companies, economy minister says
By Leila Miller BUENOS AIRES, Aug 13 (Reuters) - Argentina will allow more flexibility for banks to lend dollars to companies, Economy Minister Luis Caputo told reporters on Thursday. He said that the measure is intended to increase the amount of credit available to businesses, and that banks will only be able to lend up to 15% of their dollar deposits. During her visit last month to Argentina,
News Argentina Banks: Argentina's 2022 inflation seen at 55% - central bank poll
Argentina's 2022 inflation is expected to reach 55%, a central bank poll of analysts released on Friday showed, slightly above the previous estimate of 54.8%. BUENOS AIRES, Feb 4 (Reuters) - Argentina ...
News Argentina Banks: Argentina announces expansion of currency swap with China
The Argentine Central Bank responded to the announcement with caution, describing it as a "political agreement while the technical details continue to be negotiated" relating to the amount and timing ...