The new policy was welcomed by the IMF, which called the new scheme ‘important’
Dollar & Peso
Argentina returns to dollar debt market, issuing US$1 billion at 9.26%
The Finance Secretariat placed US$1 billion of the new Bonar 2029 in dollars at an annual rate of 9.26%
Provincial governments are also set to finance expenditures and debt payments via new credit
The credit could reach US$7 billion and would cover maturities estimated to be around US$4.2 billion
Argentina’s Milei lambasts plan to tax cash withdrawals as debate sparks online
A project by a former deputy economy minister caused reactions from all sides, with the president calling the author a ‘thief’
‘I think yesterday’s initial drop was exaggerated,’ an analyst said after the Argentine currency lost much of the ground it had gained
The peso, bonds and stocks strengthened, and more international investments could come, although some warn that the government should implement reforms
Debt, aid, a bailout? What you need to know about the US$20 billion deal between Buenos Aires and Washington, DC
The Argentine and U.S. governments have been selling dollars to stop a run on the peso