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Entries with Keyword central bank

The US dollar has returned to historic highs against the Argentine peso ahead of tomorrow’s decision by the Central Bank on interest rates.

The market is reportedly expecting a rate cut and demand for greenbacks has picked up, with the …

Yesterday, hours after the government announced its new and higher inflation targets for the coming years, the US dollar gained on the Argentine peso, reaching a new record and coming close to breaking through the 20 peso barrier.

The …

The government has adjusted its inflation targets for the next three years, taking a more gradual approach to inflation reduction and pushing back its target of five percent annual inflation to 2020, a year later than originally intended.

The revised …

The Central Bank (BCRA) announced yesterday that come December, the new AR$ 1,000 bill will go into circulation.

The note, which will have the image of Argentina’s national bird, the hornero, will replace the 500 peso bill as the …

The Central Bank (BCRA) is set to start distributing a new AR$ 20 peso note this week. This means that the image of 19th century caudillo Juan Manuel de Rosas will be gradually replaced by a Guanaco. You know, that …

The government is getting busy with a series of institutional shake ups on different quarters and, following the scandal-ridden suspension of Appeals Court Judge Eduardo Freiler last week, finishing the job at the Central Bank board seems like the …

Trying to figure out what’s going on with Argentina’s Central Bank’s monetary policy right now is about as exact a science as checking out the horses as they parade around the paddock before a big race. There are clear favorites, …

Former Central Bank (BCRA) head Alejandro Vanoli testified in court today regarding the investigation on the sale of future dollar contracts in September and December of last year. Vanoli presented a written statement to the court:

“The BCRA operated with …

Last Friday, Federal Judge Claudio Bonadio called on 13 government officials  to testify as to why the hell the Central Bank (BCRA) sold swap futures contracts to exchange house ROFEX at below market rate. Bonadio’s list includes three key names …

If you’re like me, you’ve spent a good few minutes flipping the image of the new AR$200 bill design around and around trying to figure out whether the whale depicted on it is indeed right-side up after authorities confirmed it …