Economics

218 Articles
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,...

scott-bessent-confirms-argentina-us-currency-swap-has-been-signed

Scott Bessent confirms Argentina-US currency swap has been signed

United States Treasury Secretary Scott Bessent confirmed on Tuesday that his office has signed a US$20 billion currency swap with Argentina’s central bank...

trump’s-argentina-bailout-turns-domestic-issue-as-opposition-grows-in-the-us

Trump’s Argentina bailout turns domestic issue as opposition grows in the US

The United States government’s Argentina bailout is starting to become a domestic policy issue issue in the U.S. as Democratic Party lawmakers are...

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...

where-are-argentina’s-gold-reserves?-central-bank-won’t-say

Where are Argentina’s gold reserves? Central Bank won’t say

This story was originally published in Ámbito. It has been slightly edited for clarity. On September 2, 2024, the Argentine Central Bank attempted...

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...

caputo-announces-labor-and-tax-reform-plan,-benefits-for-businesses

Caputo announces labor and tax reform plan, benefits for businesses

Economy Minister Luis Caputo announced that the government is working on labor and tax reforms, as well as benefits to incentivize businesses to...