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Economy

Update: Before the start of trading today the Central Bank has announced a third interest rate hike in a week, raising the benchmark rate by 675 basis to 40 percent.

Prior to the first hike a week ago, the

The Upper House is set to start debating in the coming days different bills that form part of the labor reforms the government seeks to push. The Macri administration intended to introduce these initiatives at the end of last year, …

Faced with sustained demand for the dollar and downward pressure on the peso, the Central Bank has once again raised benchmark interest rates and sold dollars on the foreign exchange market.

After today’s decision, benchmark rates have been increased by …

An extra-long weekend and an interest rate hike brought in by the Central Bank haven’t cooled interest in the US dollar, which today once again hit a new high against the peso.

At the close of trading today a dollar …

Monday’s announcement on an agreement in “principle” on steel and aluminum tariff exemptions set off a collective sigh in Argentina. After an intense two-month period of negotiations and a temporary reprieve, the Macri administration has apparently come out with …

The United States government announced yesterday that it has reached an agreement “in principle” with Argentina regarding the country’s request to be exempted from the tariffs on aluminum and steel that the Trump administration will be implementing shortly. The press …

The beginning of a new month is upon us and, just as the rest of the previous months this year, it comes with increases in the prices of public services. In this case, they will affect water bills and subway …

Six out of every ten children in Argentina were impacted by “structural poverty” in 2017, according to a report published by the Universidad Católica Argentina’s Observatory of Social Debt yesterday.

The figure varies depending on the measurement method used by …

The Argentine Central Bank (BCRA) has just sharply increased its benchmark interest rate from 27.25 percent to 30.25 percent, in a bid to contain a peso that during the past days lost substantial ground against the US dollar.

The announcement …

Half of the Argentine population has never used a credit card. Plain and simple fact. From this statement, Pierpaolo Barbieri drew an idea: why not give these people access to a card, without having to pay for a bank account …