Without giving any specific details, the Argentine ambassador in Washington said ‘there will be news very soon’
Economics
Argentine economists believe the US Treasury has already sold its pesos
A Central Bank balance sheet indicates that the currency swap between both countries may have been activated, prompting economists to demand transparency
La Libertad Avanza wants to approve all three initiatives by the end of summer
Analysts took the appeals court hearing as a signal that the US$16.1 billion ruling against Argentina could be overturned
‘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
The US treasury secretary said that a strong Argentina ‘is explicitly in the strategic interest of the United States’