Barley and wheat will continue to benefit from the temporary break, which the government had announced in January
Economics
An INDEC report shows that the tourist balance in 2025 has so far caused a deficit of almost US$3.5 billion
An improved assessment could have opened up to US$3 billion in investment, but a government spokesperson told the Herald there were ‘no expectations’ prior to the announcement
Economy Ministry hits pause on Bonte 2030, offering only fixed-rate peso securities
The bond had been offered in the past two auctions, surprising the markets with its omission
It went up by 1.5 points in three months. The amount of Argentines who are over-employed sits at 26.6%
The monetary authority also eliminated a cross restriction for non-resident investors
The economy minister celebrated the figures, saying Javier Milei is ‘the best president in the world’
The monetary authority had already made a US$1 billion repo in January
Debt to grow reserves, hot money, peso vacuum: Argentina announces new monetary strategy
The battery of new financial measures will involve using debt with international banks, changes to bank reserve requirements, and eliminating key instruments such as LEFIs