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Entries with Keyword bcra

It looks like international investors included the need to be more optimistic about emerging markets in their new year’s resolutions. Ever since the Earth began a new lap around the sun, the financial landscape has been extremely favorable for all …

Treasury and Finance Minister Nicolás Dujovne said that, in contrast with the rest of the political landscape, Luis Caputo’s resignation as Central Bank (BCRA) Governor did not take the government by surprise, and indicated his replacement by Guido Sandleris is …

What was supposed to be a relatively calm day in the local economy – due to the fact that we are undergoing the fourth general strike of the Macri administration – quickly turned into turmoil following the resignation of Luis …

With less upward pressure from the peso’s devaluation and a number of positive signs in Argentina’s financial market, the price of the dollar has fallen for the third consecutive day.

After the dollar reached a record high of more

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 …

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 …

A report published by Argentina’s Central Bank showed that the deficit in the tourism sector has decreased by 33 percent in June, due in large part to the devaluation of the peso. However, this new reality hasn’t completely discouraged tourism …

Armed with a US $7.5 billion tranche of the Stand-by Arrangement signed with the International Monetary Fund (IMF), and the news that Argentina will be listed as an emerging market once again, the government has announced daily dollar auctions …

Following last week’s foreign exchange volatility that took the peso to new lows against the US dollar and cost Federico Sturzenegger his job as head of the Central Bank on Thursday, newly-installed Central Bank President Luis Caputo has moved …

After losing about 6.5 percent of its value yesterday against the dollar – a tumble that seemingly cost Federico Sturzenegger his job as head of the Central Bank – the peso lost more ground today, closing at a fresh low …