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 for holders of eight bonds, consisted of two different “bond batches”: one made up of LEDES with maturities …
Markets
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 the prevailing volatility on Wall Street, as global equity assets were affected by the US Federal Reserve’s harder …
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Argentine Football Association fan token price plummets after squad wins the World Cup
The Argentine Football Association (AFA)’s official crypto token, codenamed $ARG, plummeted 55% immediately after the team won the World Cup by defeating France, having begun the day of the final at US$ 6.02 and at $2.66 at the time of writing. Days earlier, $ARG had jumped over 70% …