News Argentina Dollar: Argentina to issue a dollar bond
BUENOS AIRES, Argentina -- The libertarian government of Argentina's President Javier Milei announced Friday it would issue a dollar bond for the first time in nearly eight years, as the cash-strapped country seeks a return to international markets and faces an enormous sum of debt due in the coming months.
News Argentina Dollar: Forget dedollarization — Argentina may adopt the greenback as its currency and abandon the peso
Argentina's presidential frontrunner says he wants to replace the peso with the US dollar. Javier Milei said that this could help tame inflation in the country, which hit 109% in May. If Argentina ...
News Argentina Dollar: Can Argentina really move from the peso to the dollar?
Javier Milei has won Argentina’s presidential election on a ticket to overhaul South America’s number two economy and ditch its peso currency in favor of the US dollar. Will the right-wing Libertarian’s radical plans see the light of day?
News Argentina Dollar: Argentina's Fernandez seeks dollar relief from Brazil's Lula
Argentine President Alberto Fernández and his Brazilian counterpart, Luiz Inácio Lula da Silva, vowed Tuesday to keep working to come up with a mechanism that would allow them to skip the U.S. dollar in trade between the neighboring nations.
News Argentina Dollar: US treasury secretary says Argentina has repaid its US credit line in a win for Milei
U.S. Treasury Secretary Scott Bessent says that Argentina has repaid the funds it drew from a $20 billion credit line with the Trump administration.
News Argentina Dollar: Argentina’s central bank extends dollar-buying streak, pushing reserves to a Milei-era high
Argentina’s central bank (BCRA) posted another net purchase in the foreign-exchange market on Thursday, buying US$52 million and logging a 19-session streak of net buying, according to figures reported by local media. Over that run, the bank accumulated US$1.134 billion, while gross reserves rose to US$46.24 billion, the highest level since 2021 and the strongest reading since President Javier Milei took office.
News Argentina Dollar: Argentina: Dollar keeps falling after new debt plan announcement
Argentina's official exchange rate and key financial dollar segments registered declines on Friday, after Economy Minister Luis 'Toto' Caputo announced plans for a new dollar-denominated bond issuance aimed at refinancing maturities and strengthening foreign currency reserves.'
News Argentina Dollar: Argentina Bill Targets Tax Evasion to Pay Nation’s IMF Debt
Argentineans with undeclared assets abroad would be required to pay 20% of their value in taxes under legislation presented to Congress by government supporters. The bill aims to raise billions of U.S. dollars to help the South American country pay off its debt to the International Monetary Fund.
News Argentina Dollar: IMF approves USD 44 billion extended arrangement for Argentina to tackle high inflation
The International Monetary Fund (IMF) Executive Board approved a USD 44 billion extended arrangement for Argentina to strengthen the country's debt sustainability and tackle high inflation, the IMF said in a statement.
News Argentina Dollar: Opening value of the dollar in Argentina this March 22 of USD to ARS
The US dollar is trading at the opening at 115.25 official dollars on average, so it implied a rise of 4.78% compared to the previous day's figure, which was 109.99 official dollars on average. With ...
News Argentina Dollar: Argentina's IMF deal fails to revive bonds stuck around 30 cents
Argentina's bonds maturing in 2035 are little changed since President Alberto Fernández’s administration reached an agreement with IMF.
News Argentina Dollar: Argentina Bonds Slump as Economy Chief Criticizes IMF Proposals
(Bloomberg) -- Argentine dollar bonds fell the most since September after Economy Minister Martin Guzman criticized spending cuts proposed by the International Monetary Fund, highlighting the difficulties ahead in securing a new agreement. Notes maturing in 2041 dropped 1 cent to 32.8 cents on the dollar, the biggest decline since Sept. 20, according to data compiled by Bloomberg. Credit-default swaps widened the most in five weeks.While Argentina and the IMF are “on the same page” on the level
News Argentina Dollar: Canadian Dollar to Argentine Peso Spot Exchange Rates for 2022
Date Canadian Dollar to Argentine Peso Monthly Exchange Rates; Saturday 1 January 2022: $1 CAD = $81.2365: Canadian Dollar Argentine Peso rate for 01/01/2022: Sunday 2 January 202 ...
News Argentina Dollar: In three decades the Argentine Peso equivalent to one dollar, is now worth less than 5 US cents
Some three decades ago the new Argentine democratically elected government takes office determined to put an end to endemic inflation when not hyperinflation. The new scheme was convertibility, making ...
News Argentina Dollar: Strike expands lightening payment service to Argentina amid hyperinflation
Strike (STRK) launches its lightening payment service in Argentina "to give hope to the people" amid hyperinflation in the country, Strike Founder Jack Mallers writes in a ...