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Saturday, Jul 04, 2026
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Argentina Holds Managed Exchange Rate as Official Peso Nears 1,500 Per US Dollar

The central bank has maintained its controlled currency depreciation strategy, keeping the official wholesale exchange rate at 1,488 pesos per US dollar while narrowing the gap with parallel market rates and continuing to build reserves.
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Related Articles

Court Suspends Asset Sale of SanCor Dairy Cooperative

A federal court has halted the planned restructuring and asset liquidation of SanCor following creditor objections, extending uncertainty over the future of the historic dairy c...

Agricultural Machinery Manufacturer Metalfor Enters Crisis Proceedings

Córdoba-based machinery maker Metalfor has initiated preventive restructuring proceedings after accumulating 52 billion pesos in bank debt and struggling to pay its 600 employee...

Government Moves to Phase Out Patagonian Energy Subsidies

Argentina's Economy Ministry is preparing legislation to dismantle the Zona Fría gas subsidy program as part of its broader effort to reduce fiscal deficits and scale back state...

Argentina Targets Digital Payments to Boost Formal Economy

Financial technology analysis indicates that wider adoption of real-time digital payments and interoperable QR code systems could contribute more than US$19 billion to economic ...

Milei Pushes Central Bank Independence and Electoral Reform Agenda

President Javier Milei has met allied lawmakers to coordinate congressional support for legislation aimed at strengthening central bank independence and advancing a broad packag...

Agricultural Exporters Bring US$3 Billion Into Argentina During June

Agribusiness exporters sold US$3.007 billion into Argentina's official foreign exchange market in June, up 12% from the previous month but still 18% below the level recorded a y...

Buenos Aires Fintech Firm Cocos Capital Expands Into Brazil With Warren Acquisition

Argentine brokerage Cocos Capital has acquired Brazilian investment platform Warren, creating a cross-border wealth management business with more than two million active users a...

San Juan Speeds Approval of Major Copper Mining Projects

Authorities in San Juan province are accelerating environmental and operational approvals for the Los Azules and MARA copper projects in an effort to secure nearly US$10 billion...

Argentina Inflation Expectations Continue to Ease, Central Bank Survey Shows

The central bank's latest survey of market economists forecasts monthly inflation of 2.3% for June and projects annual inflation below 30%, supported by continued fiscal surplus...

Pan American Energy and Golar Advance Floating LNG Terminal in Patagonia

Southern Energy is progressing engineering and regulatory work for a floating liquefied natural gas export terminal off the coast of Río Negro, a project expected to attract up ...

Lithium Argentina Expands Cauchari-Olaroz Project as Mining Exports Grow

Lithium Argentina has approved the next expansion phase of the Cauchari-Olaroz operation in Jujuy, reinforcing expectations that lithium carbonate will account for around one-te...
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