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Articles by Demian Bio

The unrelenting run on the Argentine peso continues to deteriorate the private sector’s expectations for the country’s economy.

An average of 41 consultancy firms, financial entities, and foreign analysts expect the yearly inflation rate will be much higher than expected …

In respective addresses to press, Treasury and Finance Minister Nicolás Dujovne and International Monetary Fund (IMF) Managing Director, Christine Lagarde, indicated progress was made in the negotiations regarding the Macri administration’s request for the expedited disbursement of the US $50 …

The Argentine peso depreciated by 1.8 percent today, with the average exchange rate clocking in at AR $39.69 per US dollar, according to a report the Central Bank (BCRA) led by Luis Caputo releases every day after the markets …

Former President and current Senator Cristina Fernández de Kirchner will face her first trial in a corruption case on February 26, 2019, according to the Judicial Branch’s website, Centro de Información Judicial.

The former President stands accused of illegally benefiting …

A 13-year-old boy died after being shot in the chest last night, in the context of a looting attempt to a supermarket in the city of Presidencia Sáenz Peña, in the northern province of Chaco. In a radio interview, …

Treasury and Finance Minister Nicolás Dujovne confirmed in a press conference today the government will seek to reach primary fiscal balance – that is, without taking into account sovereign debt payments – in 2019. The Minister indicated that practically half …

This morning, the International Monetary Fund (IMF) issued a statement indicating that the Fund’s staff has been “working closely” with Argentine authorities to expedite the disbursement of the US $50 billion from the stand-by agreement reached in June, in order …

As the Director of the Wilson Center’s Argentina Project and the former Director for Venezuela and the Southern Cone at the U.S. National Security Council during the Second Obama administration, Benjamin Gedan has the ability to provide an insightful analysis …

After the Argentine peso depreciated by 15.6 percent yesterday, clocking in at AR $39.77 per US dollar when the markets closed for the day, Treasury and Finance Minister Nicolás Dujovne held an impromptu press conference in the hallways of the …

The Argentine peso continued its rout today, depreciating by 15.6 percent against the US dollar compared to Wednesday – when it depreciated by another seven percent – and with the exchange rate clocking in at AR $39.77 per US dollar.…