Argentina Central Bank News and Economic Outlook

Argentina's central bank has been taking steps to stabilize the economy, increasing interest rates to control inflation, which has been a major concern.

The inflation rate in Argentina has been one of the highest in the world, reaching over 50% in 2020.

The central bank's efforts have also focused on reducing the country's large fiscal deficit, which has been a major contributor to the economic crisis.

Argentina's economy has been struggling due to a combination of factors, including a decline in commodity prices, a large fiscal deficit, and a lack of investor confidence.

The Central Bank of Argentina has been making some significant moves lately. They've announced that they will repay the activated $5 billion swap by mid-2026, which is a positive step for the country's economy.

The bank has also started to tighten its monetary supply, which has led to a jump in the domestic currency's CCL value. This is a sign that the bank is trying to slow down the peso's devaluation rate, which they've promised to do starting from next week.

The Central Bank of Argentina has capped banks' FX holdings ahead of President Milei's inauguration on December 10, which is an attempt to stabilize the currency. This move is part of a broader effort to shore up the peso and prevent further devaluation.

The bank has also halted sales of devaluation hedge bonds, which is another step to reduce the risk of further currency fluctuations. This move is likely to have a positive impact on the country's economy, but it remains to be seen how it will play out.

Here are some key dates to keep in mind:

These dates are significant because they mark key milestones in the country's economic recovery. The Central Bank of Argentina is taking steps to stabilize the currency and prevent further devaluation, which is a positive sign for the country's economy.

Argentina's central bank has been in the news lately, and for good reason. The country's economy has been experiencing some significant challenges.

Industry activity in Argentina has slumped 14% year-on-year, a stark reminder of the country's economic struggles. This decline is a major concern for businesses and investors alike.

Bolivia has announced a major discovery of natural gas, which could potentially have a positive impact on the region's economy. However, it remains to be seen how this will affect Argentina's economic situation.

Argentina's parallel peso has strengthened as the country's president, Milei, has started to intervene in the market. This is a significant development, as it suggests that the government is taking steps to stabilize the economy.

Argentina has also announced plans to sell dollars in the parallel FX market to shore up the peso. This move is aimed at reducing the value of the peso and making it more competitive.

Unfortunately, Argentina's inflation has snapped the five-month slowdown streak, which had been a welcome respite for the country's economy. This is a concerning trend, and it will be interesting to see how the government responds.