Skip to main content

Articles by Bianca Fernet

New Central Bank (BCRA) President Federico Sturzenegger has barely set foot in the door of his new post and already words like “default” are being thrown around by the banking associations of Argentina. The issue? Sturzenegger’s new administration has announced …

Argentina’s new President Mauricio Macri took office today, but when the pomp and circumstance of the day’s festivities fade, he will be a man with an economic mess on his hands. His predecessor, former President Cristina Fernández de Kirchner, ran …

Residents of the city of Río Gallegos in the province of Santa Cruz witnessed a surprising sight yesterday afternoon when at least five bright yellow armored trucks accompanied by heavily armed police paraded through the city.

The trucks reportedly arrived …

The votes have been counted and Cambiemos’ Mauricio Macri is officially Argentina’s new President. Now that the political posturing and campaign vagaries have come to an end, it’s time for President Macri to directly implement the specifics of his …

After a few months of electoral uncertainty which saw Argentina’s blue dollar, or parallel exchange rate, rise to well over 16 AR$/US$, this week has been volatile. On Tuesday morning, the rate fell to US$14.35, then bounced back to US$14.70 …

Argentine presidential politics are in full swing. The unexpected ballotage runoff that will determine whether our next President is Cambiemos’ Mauricio Macri or Victory Front’s (FpV) Daniel Scioli is less than two weeks away, and both candidates are dutifully filling …

Last week wasn’t easy for President-on-her-way-out Cristina Fernández de Kirchner. On the political front, she treated us with deafening silence following her candidate’s poor performances in the general election. But on the economic front, her government was not so quiet.…

Writing about Argentina’s economy on a regular basis has of late felt like an exercise in redundancy and hopelessness, muddled with depression. Today, that changed abruptly. Markets and moods are up on the shocking outcome of yesterday’s general election.

Opposition …

The Argentina vs. Vulture Funds court case has been making front page, international headlines for what feels like three boring lifetimes. But even with so much press, I discovered this week that many people can’t answer an important question correctly: …

Yesterday, Argentina’s Central Bank paid US$4.741 billion to holders of the matured Boden 15 bond.  The Central Bank suffered its biggest loss since 2006, with reserves falling to US$27.713 billion. Of the total payment, roughly US$4 billion, or nearly the …