US EditionArgentina’s Peso Grapples with Dollar Strength Amid Surging Exports and Fiscal Reforms
12 Articles
12 Articles
Argentina’s Peso Grapples with Dollar Strength Amid Surging Exports and Fiscal Reforms
The official exchange rate for the Argentine peso closed the morning of July 18, 2025, at 1,272.50 per US dollar, holding steady after a session marked by persistent demand for hard currency and restrained volatility. The blue dollar, Argentina’s informal exchange rate, continued to trade at a premium—hovering 5–10% above the official rate—highlighting the ongoing […]
In the midst of the exchange rate tension of the last few weeks, the government confirmed that in the last few days it would have bought at least another $500 million through its new strategy to accumulate reserves with purchases directly from the National Treasury. “We bought quite these three days,” they told THE NATION from the Treasury Palace and talked about an amount of about $500 million, although they refused to report the accuracy of th…
In the midst of exchange rate volatility, the Finance Secretary managed to withdraw the surplus of pesos that remained after the disarmament of the LEFIS in the hands of the banks.But she validated rates that are far above inflation and what was paid in the market.
In the wholesale market, the ticket climbed $13 and closed to $1,274, while in the Banco Nación it reached $1,290. The retailer averaged $1,289.98 for sale, according to data from the Central Bank. Wednesday’s emergency tender allowed to place $4.7 billion in Lecaps, with monthly effective rates of up to 3.3%, above June inflation (1.6%). The goal was to absorb the surplus of pesos generated after the end of the LEFIs, but the exchange pressure …
Luis Caputo After weeks of caution, Luis Caputo intervened again in the foreign exchange market and increased the BCRA's reserves, in line with IMF demands. Despite intentions to avoid it, the Minister of Economy, Luis Caputo, was forced to intervene in the market by purchasing dollars. This Wednesday, the Central Bank acquired a large sum of foreign currency, causing reserves to rise by approximately US$500. The strategy is the same as the one …
The economic team combined operations in the future, passive passes and with Letters to eliminate weights and avoid more pressure to the dr. Qu observed the consultants measuring weekly inflation on the transfer at prices of the exchange rate rise
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