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BUENOS AIRES (Reuters) -Argentina and China have renewed the activated part of a major currency swap line for the equivalent of $5 billion through July 2026, Argentina's central bank said on Wednesday, defusing fears it may have to make major repayment...
Argentina's markets have a wary eye on President Javier Milei's sprawling reform bill that is grinding through Congress and facing likely amendments in the Senate that will push it back to the... -May 27, 2024 at 02:40 pm EDT - MarketScreener
Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost...
Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lending in the South American nation. The local financial group's chief executive Fabian Kon told Reuters after the HSBC deal was confirmed that Milei's pro-market approach and tough fiscal policies should benefit the banking sector and help bring down inflation running over 275%. "As Argentina converges to lower inflation rates and lower interest rates you will see an explo...
Argentina economic and markets analysts expect a busy week: a potential further slowdown in monthly inflation from its sky-high level and a possible rate cut as the government grows bolder about... -April 08, 2024 at 09:54 am EDT - MarketScreener