Officials will meet with banks, insurance companies and mutual investment funds looking to clear March, April, May and June payment deadlines for more than AR$7.5 billion
Dollar & Peso
Government and opposition members accuse each other of destabilizing the economy
Tourists spent US$5 million per day through official channels, five times more than in 2022
Sergio Massa is speeding up conversations with the private sector and aims to create an instrument to clear the financial horizon.
The foreign tourist dollar rate remains in place, but glitches in some apps and delayed reimbursements are causing confusion.
AR$294 billion matured yesterday, and the private rollover is calculated to be somewhere around 85%.
Most of the debt that matures this week is held by the private sector
Argentina’s central bank is set to hold its benchmark interest nominal rate steady this week despite inflation gaining pace once more.
Opposition coalition Juntos por el Cambio questioned this Monday the sustainability of the debt in pesos taken by the national government. The government responded with barbed comments, triggering a protracted dispute. The controversy started when Juntos por el Cambio’s national board issued a statement calling the peso debt …