The Central Bank made the announcement following newly-published inflation figures for December 2024

The 94-point drop from Argentina’s annual inflation in 2023 was a major campaign promise

The international lender praised the results of the government’s economic policies — but redoubled its calls for lifting currency controls, updating utility tariffs, and improving fiscal adjustment

The government will allow prices to be shown in U.S. dollars and the banking sector wants to launch dual-currency debit cards. International tourists would not benefit

The market is taking the news with ‘moderate optimism,’ although Wall Street did not trade on Thursday

The credit agency attributed its decision to ‘increased predictability and greater consistency in economic policy’

J.P. Morgan acknowledged that a ‘technical issue’ had caused the index to be inaccurately reflected in real-time data

Payment of capital and interest on Bonares and global bonds, together with a positive international context for equities, create a positive sentiment for Argentine assets, as analysts see encouraging prospects for bonds and stocks.

Analysts expect the economy to grow even as inflation cools — but the exchange rate is a significant incognito