"The parallel exchange gap should collapse." Indeed, the gap between the official FX rate and the widely-used parallel "blue dollar" narrowed to less than 5% on Tuesday from more than 25% last week.

Argentina gov't moves to calm FX market, pledges no post-election devaluation By Jorge Otaola October 19, 20231:48 PM PDTUpdated October 19, 2023 ...

Argentina’s central bank will sell dollars in parallel currency markets starting Monday in a bid to shore up the peso, whose unofficial exchange rate has weakened more than 30% so far this year ...

The April peso future contract has weakened to around 1,180 per dollar from 1,125 on April 9 when the IMF announced that it had reached a staff-level agreement with Argentina over a new $20 ...

ARGENTINA'S OILSEED EXPORT AND CRUSHING CHAMBER The institution said in a statement that the FX reforms will help the country recover "export competitiveness" and bring new trade opportunities.

Under the new FX measure, Argentina soy farmers will be offered a favorable exchange rate for the month of September, a move intended to spur export sales and bring in much-needed foreign currency.

Argentina's central bank on Monday tightened access to foreign exchange markets for importers including buyers of high-end products like luxury cars and private jets, as the entity looks to ...

Argentina has been battling swirling economic and debt crises for years. Inflation is running at an annualized rate just over 50%, the benchmark interest rate is 38% and poverty levels jumped to ...

BUENOS AIRES (Reuters) -Argentina, the International Monetary Fund's long-term problem child and biggest debtor, once again needs to seek forgiveness: this time for falling short on foreign ...

Volatility has come roaring back to Argentina’s currency market as the gap between Argentina’s official and parallel exchange rates surges to its widest in more than two months -- just days ...

Telecom Argentina has benefited significantly from Javier Milei's election, with shares jumping triple-digits due to improved FX rates and economic outlook. Despite these gains, TEO's valuation is ...