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Economy

Rumors ensued this week that, besides expediting the disbursement of the US $50 billion from the stand-by agreement reached in June, the International Monetary Fund (IMF) would consider increasing the amount of money it would loan Argentina, in order for …

Speaking to reporters in Washington D.C. on Wednesday, Treasury and Finance Minister Nicolás Dujovne did not rule out the possibility that Argentina will receive further money from the International Monetary Fund, on top of the US $50 billion stand-by agreement …

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 …

According to reporting by TN’s Esteban Rafele, officials from the Ministry of Commerce and representatives from a number of supermarkets and grocery stores have begun negotiations around the renewal and expansion of the Precios Cuidados program.

This program

With skyrocketing inflation and a shaky peso, Argentina’s economy is headed toward an almost inevitable recession. Now, in the midst of the crisis, the prices of many items in the country remain uncertain, with a number of products popular

Gradualism has definitively come to an end. As part of emergency moves aimed at stabilising the peso and calming the markets, the Argentine Government has introduced dramatic measures that they hope will slash the mounting fiscal deficit. After first announcing …

The devaluation of the peso and increased transfer taxes on oil has had profound effect on the price of gas in the country, with recent announcements stating that both fuel companies will increase their fuel prices between 2 percent and

The day after President Mauricio Macri’s widely televised announcement on Monday, in which he declared a fresh wave of austerity measures, he with US President Donald Trump over the phone to discuss Argentina’s the economic situation. 

As was reported by