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Entries with Keyword devaluation

Among the many changes that the giant 2002 devaluation brought to Argentina was a sudden switch in the country’s relationship to tourism.

During the 1990s, with a strong peso legally tied to the value of one US dollar, the stories …

As the Director of the Wilson Center’s Argentina Project and the former Director for Venezuela and the Southern Cone at the U.S. National Security Council during the Second Obama administration, Benjamin Gedan has the ability to provide an insightful analysis …

After the Argentine peso depreciated by 15.6 percent yesterday, clocking in at AR $39.77 per US dollar when the markets closed for the day, Treasury and Finance Minister Nicolás Dujovne held an impromptu press conference in the hallways of the …

The Argentine peso continued its rout today, depreciating by 15.6 percent against the US dollar compared to Wednesday – when it depreciated by another seven percent – and with the exchange rate clocking in at AR $39.77 per US dollar.…

According to the Indec, Argentina’s National Institute of Statistics and Census Bureau, Argentina’s economic activity experienced its biggest drop of the year in June, with a contraction of 6.7 percent compared to last year. This is the third consecutive

According to the Indec, Argentina’s National Institute of Statistics and Census, the effects of the currency’s devaluation is already causing a fall in international travel.

Due to Argentina’s staggering accumulated devaluation of 57 percent since the beginning of 2018, the

If you live in Argentina, odds are you’ve had a nasty week. Multiply that by 10 if you work for the government. Whether you’re a student, here for work, or even just traveling around, this week has been marked by …

The government received another strong show of support from the international community regarding its decision to negotiate a stand by agreement with the IMF. This time, it came from US President Donald Trump, who called Macri at 10 AM Argentina …