The rate, which applies to Argentine cards only, is now 155% higher than the official rate

It is the first increase since the post-primaries devaluation fixed it at AR$350

The economy minister said that expectations of a harvest recovery and smaller debt payments will bolster Argentina’s international reserves

The economy minister announced it would pay the US$2.6 billion due this month early to avoid ‘uncertainty’

‘Everything points to the fact that Rojnica’s businesses are part of an illegal transnational operation’

The funds are the second part of the current deal that was signed in 2020 and renewed this year

Although lots of people use them, very few know the specifics of their operations or who are the actors involved

Some market participants’ operations will now be limited to AR$100 million per day

The libertarian presidential frontrunner doubled down on his criticisms of the peso and politicians on Tuesday