Dollar & Peso

20 Articles
argentina-returns-to-dollar-debt-market,-issuing-us$1-billion-at-9.26%

Argentina returns to dollar debt market, issuing US$1 billion at 9.26%

After nearly eight years out of foreign-currency financing markets, Argentina’s Treasury announced the result of its auction: it issued US$1 billion of a...

argentina-to-issue-debt-in-us-dollars-to-pay-for-january-maturities

Argentina to issue debt in US dollars to pay for January maturities

Argentina’s Economy Ministry announced on Friday it would issue a local-law bond in U.S. dollars to partially pay for the debt maturities it...

Caputo confirms negotiations for new bank loan to cover January debt

Economy Minister Luis Caputo said that Argentina is negotiating a loan with international private banks for up to US$7 billion to cover the...

argentinas-milei-lambasts-plan-to-tax-cash-withdrawals-as-debate-sparks-online

Argentinas Milei lambasts plan to tax cash withdrawals as debate sparks online

A proposal to formalize the country’s economy via a tax on cash withdrawals and the elimination of other taxes sparked a fiery debate...

milei-won,-but-the-peso-weakened-again.-what-happened?

Milei won, but the peso weakened again. What happened?

All peso-dollar exchange rates bounced back up on Tuesday after plummeting on Monday, when markets reacted positively to Javier Milei’s party’s landslide win...

argentine-markets-‘party’-after-milei’s-landslide-win

Argentine markets ‘party’ after Milei’s landslide win

Markets had a euphoric reaction on Monday to Argentina’s mid-term election results, with the peso, bonds and stocks all strengthening. Yet, while some...

how-does-the-us-argentina-currency-swap-work?

How does the US-Argentina currency swap work?

After several rounds of announcements, the currency swap between Argentina and the United States has finally been confirmed by the authorities of both...

central-bank-sells-us$45.5-million,-but-peso-slides-anyway

Central Bank sells US$45.5 million, but peso slides anyway

Argentinas Central Bank sold US$45.5 million on Tuesday in its first exchange market intervention in over a month. The peso lost ground anyway,...

milei’s-central-bank-confirms-$20-billion-swap-line-with-us-treasury

Milei’s Central Bank confirms $20 billion swap line with US Treasury

The Central Bank of Argentina has reached an agreement with the US Treasury for a US$20 billion swap line, it announced on Monday...

argentine-peso-keeps-sliding-despite-fresh-us.-treasury-intervention

Argentine peso keeps sliding despite fresh U.S. Treasury intervention

The U.S. government purchased pesos in the Argentine foreign exchange market, Treasury Secretary Scott Bessent announced on Friday, but it wasn’t enough to...