On October 4, the various dollar quotes that coexist in Argentina reached historical records. In particular, the parallel or "blue" dollar, which savers turn to due to restrictions on acquiring foreign currency in the official market, reached 840 pesos per unit just over two weeks before the…
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Argentina
Argentina sends CBDC project to congress
The Minister of Economy of Argentina, Sergio Massa, indicated this Monday that the country needs a digital currency, which is why he has sent the project for a CBDC to Congress.
Although there are no further details about a digital…
Argentina will pay an “income boost” to informal workers
The Minister of Economy of Argentina and candidate for president, Sergio Massa, reported that the State will take measures to support informal workers who have suffered the ravages of growing inflation in the country.
The program will…
Argentina will debate the reduction of working hours
The Labor Legislation Commission of the Chamber of Deputies of Argentina will debate the reduction of the working day from 48 to 40 or 36 hours, with the presentation of up to seven bills by deputies from both the ruling party and the…
Argentina has three lithium exporting companies
Three lithium exporting companies in Argentina give a boost to exports to other countries. Livent, Alkem and, more recently, Minera Exar, are the pillars of this industry in the South American country.
In the first seven months of 2023,…
Argentina and Brazil signed a historic pact to boost trade
In an announcement that resonated with great importance, Argentina and Brazil closed a pact of historical relevance on Tuesday. The Development Bank of Latin America-CAF played a crucial role by offering guarantees for a value of 600…
Binance announces the deactivation of cards in several Latin American countries
In a statement issued on August 23, 2023, the Binance cryptocurrency exchange informed its Colombian users about the discontinuation of their Binance cards in Colombian territory. The news, which also affects Argentina and other Latin…
The BRICS approve the entry of new members
This Thursday, during the BRICS meeting in South Africa on the occasion of the group's fifteenth summit, the entry of new members was announced: Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt and Ethiopia.
The extension of the…
Sergio Massa announces a $1.3 billion loan for Argentina
In a prominent day in Washington, the Argentine Minister of Economy and candidate for the presidency, Sergio Massa, revealed that he had obtained loans for a total of 1.3 billion dollars from the World Bank and the IDB, for the benefit of…
Inflation in Argentina reached 6.3 % in July
Inflation in Argentina registered an increase of 6.3 % in July, accumulating a total of 60.2 % since January, a figure that positions it among the highest in the world, according to the report of the official Institute of statistics Indec.…
Javier Milei won the primaries in Argentina
The big surprise of the last electoral night in Argentina was the triumph of the economist Javier Milei and his ultra-conservative coalition La Libertad Avanza, after achieving 30% of the votes, mostly coming from discontent.
Milei was a…
Mercado Libre launches streaming service in Argentina
Argentines have a new Mercado Libre offer to watch movies for free, although with advertising included. This is Mercado Play, a streaming service to compete with Amazon and Netflix.
The official launch is scheduled for next week; for the…