Argentina can appeal in hedge funds’ lawsuit over GDP-linked securities
LONDON (Reuters) – Argentina has been given permission to appeal after losing a London lawsuit brought by four hedge funds over euro-denominated securities which left the country facing a roughly $1.5 billion…
Argentina in talks to expand China currency swap line, source says
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina is in talks to renew and potentially expand its currency swap line with China, a central bank source said on Wednesday, as the South…
Argentina raises economic defenses against inflation ‘onslaught’
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a…
Brazil’s Haddad raises concerns about economic situation, drought in Argentina
By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic challenges and a major drought there could affect the country’s “political destiny”…
Red metal rising: Argentina sets lofty sights on global copper top 10
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina, known better for its Malbec than its mining, has its sights set on becoming a top ten copper producer by 2030, with an investor…
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International Monetary Fund and faster payouts, and is…
Argentina could fast-track Brazilian imports in return for help financing them – sources
By Bernardo Caram BRASILIA (Reuters) – Argentina has offered to fast-track imports from Brazil if its neighbor adopts a new credit system that reduces its dependence on the dollar, which it has…
Don’t vote for me Argentina: election race wide open as political big guns bow out
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s three most recent presidents have bowed out of the October general election campaign, throwing the race wide open and the outcome in the balance,…
Argentina looks to ease economic targets in IMF loan program, source says
MEXICO CITY (Reuters) – Argentina is considering how to persuade the International Monetary Fund to further ease the economic targets embedded in the country’s $44 billion IMF loan program, a source said,…
Argentina seeks to issue up to $1.2 billion in bonds, ministry source says
By Jorgelina do Rosario WASHINGTON (Reuters) -The Argentine government is in talks to issue two dollar-bonds for up to $600 million each with separate guarantees from the World Bank and the CAF…
Argentina cenbank mulls another rate hike to tame 100% inflation – adviser, analysts
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current 78% level, an adviser to the bank…
Argentina monthly inflation seen hitting 8-month high 7.1% in March
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate is expected to have clocked in at an eight-month high of 7.1% in March, according to a Reuters poll of analysts, piling…
Argentina looks to defuse economic timebomb with soy export boost
By Anna-Catherine Brigida and Walter Bianchi BUENOS AIRES (Reuters) – Argentina has patched up its wobbly economy with a so-called “soy dollar” preferential exchange rate to boost grains exports and bring in…
Crypto exchange Binance expands in Argentina
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in inflation-hit Argentina, allowing users to buy and…
Argentina ex-President Macri says he will not be candidate in upcoming elections
BUENOS AIRES (Reuters) – Former Argentine President Mauricio Macri said on Sunday that he will not be a presidential candidate in the country’s October general elections, as the opposition coalition moves to…
Argentina court jails two in landmark femicide retrial
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – An Argentina court on Thursday convicted two men for the rape and murder of 16-year-old Lucia Perez in 2016, a case that has become emblematic…
Argentina orders public sector to give up dollar bonds in debt shake-up
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina ordered public sector bodies on Thursday to sell or exchange their holdings of 11 sovereign dollar bonds in a bid to reorganize its debt…
Argentina drought saps dollar reserves, pressuring FX crawling peg
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s slow-and-steady currency devaluation plan is coming under rising pressure as a historic drought pummels exports of cash crops soy and corn,…
Argentina to push state entities to give up dollar bonds -ministry official
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s government will push state entities to give up their foreign-law sovereign dollar bonds, an economy ministry official said on Tuesday, aiming to reduce exchange…
Argentina hikes interest rate 300 basis points after inflation breaks 100% barrier
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank board said it agreed to hike the country’s benchmark interest rate by 300 basis points to 78% on Thursday after annual inflation…
Argentina February inflation data “very bad”: government spokesperson
BUENOS AIRES (Reuters) – The Argentine government on Thursday said annual inflation data registered in February, the highest since 1991, was “very bad,” but insisted that the 60% inflation rate forecast in…
Argentina inflation seen passing 100% in February – Reuters Poll
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s annual inflation rate is expected to surge past 100% in February, a Reuters poll on Monday showed, underscoring the challenge for the ruling Peronist…
Argentina swaps $21.7 billion in domestic debt, dimming default risk
BUENOS AIRES (Reuters) – Argentina has swapped 4.34 trillion pesos ($21.66 billion) in domestic debt, amounting to around 64% of loans due to mature through June and helping to ease near-term fears…
Argentina launches drug gang offensive after violence rocks farm hub city
By Miguel Lo Bianco and Agustin Marcarian ROSARIO (Reuters) – Argentina launched an offensive on gangs in the farm hub city of Rosario on Wednesday, bringing in some 575 security personnel after…
Argentina makes headway in establishing a cannabis export industry
MONTE VERA, Argentina (Reuters) – Argentina’s new cannabis watchdog is overseeing more than 50 projects related to the research and development of cannabis and is establishing a regulatory framework as it bids…
Argentina inflation seen speeding in 2023, central bank poll shows
BUENOS AIRES (Reuters) – Argentina’s inflation rate is seen hitting 99.9% in 2023, speeding up from last year’s rate and topping previous estimates which saw a slightly slower rise, according to a…
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