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Entries with Keyword central bank

On Tuesday, the Central Bank released a Monetary Policy statement that projected an upward trend in Argentina’s inflation due to the latest spike in the exchange rate. This comes soon after another recent increase in prices during the month of

During his presentation this morning at the 39th Conference of the Argentine Institute of Executives in Finance (IAEF), in Mendoza, Central Bank president Luis Caputo assured that the market “understood the message” of the Macri administration, emphasizing that the country

Luis Caputo, whose role as the President of Argentina’s Central Bank includes controlling the value of the peso and restricting Argentina’s rapid devaluation as much as possible, came under fire after a picture of the official sunbathing emerged this week.

As the peso continued its steep depreciation this morning, the Central Bank (BCRA) announced a hike in its benchmark interest rate to 60 percent and committed to freeze it until December, in an effort to curve the trend. Its goal …

After a volatile day, the has dollar declined. According to the retail average prepared by the Central Bank, the public closing market price for the dollar sits at $30.38, with some banks listing it at $30.80. Compared to the …

In June, the International Monetary Fund agreed to loan Argentina US $50 billion in the face of a sharply declining peso due to a recent exodus of investors from Argentine markets. As part of the agreement, the Argentina’s government agreed

Across the world, a series of tech-savvy banks have opened. Catering to the tastes of young millennials, they have free Wi-Fi, cafés, and complimentary expert-led financial coaching. Now, Argentine banks have expressed interest in going down the same road.

According

In Argentina, half of the population does not have a bank account. Brutal but true, and Mauricio Macri has made one of his top priorities to change this reality, along with the Ministry of Finance and the Central Bank, to …

Private analysts estimate that this year’s inflation rate, on average, will be much higher than they expected the month before – and the previous ones before that – and will clock in at 30.3 percent, according to the latest monthly …

Update: following intense media scrutiny about the contradictions, Cabinet Chief Marcos Peña took to Twitter to support Dujovne’s initial statements and clarified the government ifs not planning on increasing taxes on overseas flights o credit card purchases made abroad.…