The reversal was down to the agricultural sector liquidating its exports, according to a source at the monetary authority

Uncertainties remain about the disbursement calendar, the amount of net financing, and the new exchange rate regime

The Central Bank has sold dollars for eight days in a row, accumulating losses for US$1.3 billion

President Milei made the decision following a request from the US Senate Judiciary Committee

A new resolution aims to provide traders with basic protections after being bilked out of hundreds of millions of dollars

Sovereign bonds and stocks from Argentine companies on Wall Street dropped after initially surging while the Central Bank continued to lose reserves

The government has not given any information about the amount or conditions of the new loan

Country risk levels continue to climb as analysts wait to see whether the government has secured a new loan from the International Monetary Fund

The request comes on the heels of Security Minister Bullrich’s refusal to conduct any internal investigation

Police fired rubber bullets, a police car was set ablaze, and around 150 people were arrested after a meltdown at the weekly demonstration