Argentina’s sovereign bonds and stocks ended January with very good results. This upward rally was backed by investors taking positions in the face of attractive values and succulent returns in …
Category: Markets
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Dollar & PesoEconomicsMarkets
Central Bank announces financial institutions are now able to take guaranteed loans
The Central Bank has once again enabled banks to place peso investments in Mutual Funds, after a surprise rate hike that aimed to contain dollar prices sparked controversy this week. …
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EconomicsJudiciaryMarkets
Debt buyback: Prosecutor requested to subpoena CNV head, lift stock market secrecy
Prosecutor Ramiro González today asked judge María Eugenia Capuchetti to order the lifting of sovereign bond purchasers’ stock market secrecy, amid the investigation of possible leaks of information regarding the …
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The Central Bank raised the one-day repo rate for mutual funds on Monday, in another attempt to contain the escalation of the parallel exchange rates. According to the Central Bank …
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The Economy Ministry refinanced its maturities for the first three months of 2023 from AR$4.3 trillion to AR$1.41 trillion in what it considered a “successful” debt swap. The swap, which …
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Last Thursday, the Economy Ministry announced a debt swap, or “conversion”, due today, with the goal of postponing bonds maturing in the first quarter of 2023. The initial offer, made …
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Argentine stocks managed to consolidate their recovery and produce all-time profits in 2022. The S&P Merval index accumulated an increase of 42% in dollars through the year. This happened despite …
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BusinessEconomicsMarketsTech
Argentine Football Association fan token price plummets after squad wins the World Cup
The Argentine Football Association (AFA)’s official crypto token, codenamed $ARG, plummeted 55% immediately after the team won the World Cup by defeating France, having begun the day of the final …