Argentina’s Economy Minister Milei is boldly championing a groundbreaking move: widespread dollar-denominated loans, shattering a long-standing taboo. This daring strategy aims to unlock greater credit access and offer much-needed relief amid soaring inflation and economic uncertainty
Argentina’s central bank is on a remarkable dollar-buying streak, propelling foreign reserves to their highest levels since the Milei administration took office-showcasing a bold and determined effort to stabilize the economy despite ongoing challenges
Argentina has unveiled plans to launch a new government bond, navigating through persistent economic uncertainty. This bold step comes as officials stand firm against buying U.S. dollars, determined to strengthen and stabilize the peso
Japan and the United States are set to draw from their previous foreign exchange agreement in their upcoming discussions, as revealed by Finance Minister Shunichi Kato. This strategic approach highlights a strong commitment to fostering currency stability and enhancing trade relations between the two nations
The U.S. is calling on Argentine President Javier Milei to reconsider the currency swap deal with China, raising alarms about Beijing’s growing footprint in Latin America. Experts caution that this move could further complicate Argentina’s already fragile economy, which is grappling with significant financial hurdles.
