As global economy recovers from Covid-19, there are several countries experiencing soaring inflation. We explore the most ...

Given the new conditions, Argentina's Central Bank (BCRA) will starting in February adjust the monthly devaluation rate of the Argentine peso against the US dollar to 1 from its current 2%.

Javier Milei, Argentina’s chainsaw-wielding president, has won Donald Trump’s praise and attended his inauguration. Under ...

Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on ...

BUENOS AIRES, Jan 13 (Reuters) - Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts ...

Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the record 211.4 percent inflation rate of 2023. The sharp decline signals a ...

Argentina's Central Bank's (BCRA ... The REM also foresees the official US dollar to stand at AR$ $1,042 in January and at AR$ 1,205.5 by the end of the year. Regarding the Gross Domestic Product ...

Argentina's central bank is expected to reduce its key interest rate as inflation cools and the pace of peso devaluation slows. The benchmark rate, currently 32%, may see a 400 basis point cut.

BUENOS AIRES (Reuters) -Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the ...

Argentina’s President-elect ... One such proposal includes discarding the national currency in favor of the US dollar. However, Dr. Carlos Solar of the RUSI think tank believes these ...