Articles

  • 1 week ago | yahoo.com | Lucila Sigal |Eliana Raszewski

    By Lucila Sigal and Eliana RaszewskiBUENOS AIRES (Reuters) - Argentina's central bank has announced a major overhaul to the country's exchange rate policy, unleashing the peso and years-long controls on the currency ahead of an expected $20 billion International Monetary Fund deal. The central bank announced that it will undo a fixed currency peg from Monday, letting the peso freely fluctuate within a moving band.

  • 1 week ago | ground.news | Lucila Sigal |Eliana Raszewski

    First act: the economy on the looserope The government published a DNU that allows it to become indebted to the IMF, which was quickly endorsed by Congress. An agreement that has not yet been signed and of which nothing is known about the conditions.This new decree was not due to the anxiety typical of an unbalanced but functional president to economic power, but to the urgency to sustain an economic stability that hangs on a thread and that for…

  • 4 weeks ago | finance.yahoo.com | Lucila Sigal

    BUENOS AIRES (Reuters) - Argentina is targeting a $20 billion deal with the International Monetary Fund, Economy Minister Luis Caputo said on Thursday, formally putting a figure on the long-mooted program for the first time as he looks to calm local market jitters.

  • 4 weeks ago | streetinsider.com | Lucila Sigal

    1. TSLA2. GM3. SPY4. F5. GME6. DLTR7. CHWY8. WOOF9. DOOO10. NVDA Tweet Share E-mail0 shares Argentina's Economy Minister Luis Caputo speaks during the CPAC (Conservative Political Action Conference) in Buenos Aires, Argentina December 4, 2024.

  • 4 weeks ago | gazette.com | Lucila Sigal

    By Lucila SigalBUENOS AIRES (Reuters) - Argentina is targeting a $20 billion deal with the International Monetary Fund, Economy Minister Luis Caputo said on Thursday, formally putting a figure on the long-mooted program for the first time as he looks to calm local market jitters.