The economy minister pointed to Peronism in a response to critics who posit that the peso is artificially overappreciated
Economics
The figure marks the third monthly rise in a row, but year-on-year inflation is the lowest since July 2018
US Treasury Secretary says Argentina has activated the currency swap
Although no Argentine authorities have confirmed it, Bessent said that ‘a small amount’ of the US$20 billion credit line has been used
Argentina’s Milei lambasts plan to tax cash withdrawals as debate sparks online
A project by a former deputy economy minister caused reactions from all sides, with the president calling the author a ‘thief’
Without giving any specific details, the Argentine ambassador in Washington said ‘there will be news very soon’
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