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Argentina's inflation rate spiked back up to a higher-than-expected 3.5% in September after months of declines, heaping pressure on the Peronist government as it looks to keep prices down ahead of key midterm elections in November.
3 Min Read BUENOS AIRES, July 12 (Reuters) - Argentina’s securities regulator tightened rules on some bond trades on Monday, lowering a weekly limit on trading of local and international bonds amid a wider clampdown on alternative channels used to access foreign exchange. The measure from the National Securities Commission (CNV), published in the official gazette, halved the cap on weekly trades per account to 50,000 local law bonds and to the same level for international law bonds. In an easing move, it reduced the amount of time traders must hold the securities before reselling them to tw...
2 Min Read BUENOS AIRES (Reuters) - Argentina’s stubbornly high inflation is expected to heat up again in March, according to a Reuters poll of analysts, creating pressure for the government as it looks to rein in rising prices that stymie economic growth and increase poverty. FILE PHOTO: A vendor places chiken breasts for sale in a poultry shop in a market in Buenos Aires, Argentina April 18, 2019. REUTERS/Agustin Marcarian/File Photo The poll of 16 local and foreign analysts indicated that the South American country’s Consumer Price Index (CPI) would advance 4% in the month, quicker tha...
By Hernan Nessi BUENOS AIRES, April 18 (Reuters) - Schools in the Argentine capital of Buenos Aires will open after all on Monday morning after a court over-ruled a federal order requiring classes go on-line for two weeks amid a surge in cases that has brought hospitals to near collapse. The Buenos Aires judge ruled in favor of a lawsuit filed by non-governmental parent and some teachers' groups in the city, demanding a decree that suspended face-to-face classes in the capital region for 15 days be immediately nullified. The decision is likely to further fan political tensions between Preside...
2 Min Read BUENOS AIRES (Reuters) - Argentina’s stubbornly high inflation is expected to heat up again in March, according to a Reuters poll of analysts, creating pressure for the government as it looks to rein in rising prices that stymie economic growth and increase poverty. FILE PHOTO: A vendor places chiken breasts for sale in a poultry shop in a market in Buenos Aires, Argentina April 18, 2019. REUTERS/Agustin Marcarian/File Photo The poll of 16 local and foreign analysts indicated that the South American country’s Consumer Price Index (CPI) would advance 4% in the month, quicker tha...