Dollar

8 Articles
exchange-rate-heats-up-to-close-august.-is-milei-changing-strategies?

Exchange rate heats up to close August. Is Milei changing strategies?

The U.S. dollar made headlines in Argentina again on Friday after ending the week at an all-time high in nominal terms. The wholesale...

a-stable-dollar-isnt-enough:-mileis-pressing-economic-problems

A stable dollar isnt enough: Mileis pressing economic problems

Argentina’s economy is at an unusual juncture. Unlike many other periods in the country’s recent history, the volatility of the U.S. dollar —...

argentinas-favorite-obsession-wakes-up:-the-dollar-jumps-more-than-5%-in-june

Argentinas favorite obsession wakes up: the dollar jumps more than 5% in June

After lying dormant through the first half of the year, the dollar that great Argentine obsession woke up in June, climbing more than...

central-bank-eases-currency-controls-amid-exchange-rate-calm

Central Bank eases currency controls amid exchange rate calm

Argentinas Central Bank has moved to further relax foreign-exchange restrictions, taking advantage of a period of relative stability in the currency market to...

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...

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,...

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...