The basic idea is Argentina gets dollars that it can then use to buy pesos, propping up the value. The U.S. gets to hang on ...
The Argentine peso continued its freefall as traders focused on the upcoming elections in the country and interventions by Donald Trump and his administration. The USD/ARS exchange rate was trading at ...
While Argentine companies are starting to tap international lending markets again, after being frozen out ahead of the ...
Argentina's central bank said on Monday it signed a $20 billion exchange-rate stabilization agreement with the U.S. Treasury ...
The Argentine financial market saw significant intervention by both the Argentine Central Bank (BCRA) and the US Treasury on ...
BUENOS AIRES (Reuters) -Argentina's Treasury is rapidly depleting its dollar reserves to defend the peso, straining financial markets on Wednesday as funds from a special deal with agricultural ...
Talk about dollarisation comes amid US involvement to try to calm a market crisis in Argentina. Some policymakers and ...
Argentina's bonds and stocks are expected to rally on Monday after President Javier Milei's party won an overwhelming victory ...
Argentina's right-wing President Javier Milei declares himself "king of a lost world" after midterms victory aided by massive ...
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Stablecoin use surges in Argentina amid President Milei’s win
The use of stablecoins surged in Argentina over the weekend, as Argentines anticipated the peso would crash, despite ...
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