Monthly dollar purchases increased in June, with one million people opting to buy U.S. currency

The decision comes less than a month after the administration had increased the tax on a plethora of products

The lender’s board will meet in late July to approve the first review of the program signed by the Milei administration on April

Analysts say the reduced inflows could last through November unless export duties change again, squeezing the exchange rate further

The multilateral lender recognized that the country’s economic fundamentals have improved since 2023, but underscored its feeble reserves and weak external position

With individual operations yielding less profits, the financial sector is faced with the need to raise its volume

Following an emergency tender that validated higher rates than expected, the price of the US currency is once again rising across the board 

Judge Preska’s Monday ruling fueled political tension, pushing the rate to AR$1,280 per US dollar

The Milei administration celebrates as prices steadied by an increase of 0.1% since May’s 1.5% inflation figures