"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 is the world's top exporter of processed soy oil and soy meal. It is also the world's No. 3 corn exporter and a major producer of wheat. The government estimates the country's 2021/22 ...

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.

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 ...

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 ...

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 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 ...

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 ...