Most of the debt that matures this week is held by the private sector
Economics
Argentina’s central bank is set to hold its benchmark interest nominal rate steady this week despite inflation gaining pace once more.
Consumer prices in Argentina rose by 6% in January, according to government statistics and census institute, INDEC.
Monthly contraction of 0.8% forecast based on January tax collection data
Economy Minister to announce repo credit of around US$1 billion as sovereign fund negotiations continue
The projections from analysts ranged from a minimum January rise of 5.2% to a maximum of 6.5%, driven mainly by utilities costs.
The local grain futures market is already assuming that the government will launch a renewed soy dollar in July, or another mechanism to speed up the entry of fresh dollars. It comes as drought continues to reduce soy harvest forecasts, with the liquidation of foreign currency for the …
This year the agricultural industry will export US$13 billion less than in 2022, mainly due to the ongoing drought, Foundation for Agriculture Development (FADA) has found. Moreover, the Rosario Stock Exchange reported that corn crop projections fell by 15% while soybean harvests were down by 7%. According to …
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 …