The Central Reserve Bank (BCTR) of El Salvador revealed data on the country's interannual inflation rate, which remains above 3 % for the fourth consecutive month.
According to the regulatory body of the Central American country, in September the index fell slightly, standing at 3.02 %. However,…
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China inaugurated the first industrial park dedicated to the digital yuan
In a significant development, China opened a pioneering industrial park aimed at developing the digital yuan ecosystem, which is also known as the central bank digital currency (CBDC), according to Chinese press reports.
This innovative…
Parallel dollar in Argentina exceeded 1,000 pesos per unit
In an unprecedented milestone, the parallel dollar, known as the "blue", reached a new record in Argentina on October 10, surpassing the mark of 1,000 pesos per unit. This escalation represents a gap of 190% compared to the official…
Argentine presidential candidates attacked Massa
The candidates for the Presidency of Argentina attacked this during the second electoral debate against the also candidate and current Minister of Economy, Sergio Massa, for his economic management.
The ultra-liberal Javier Milei, from…
Venezuela’s accumulated inflation reached 158.3 % in September
Inflation in Venezuela during the month of September was 8.7 %. This was announced this Friday by the country's Central Bank, adding that the accumulated inflation was 158.3 % and the interannual inflation was 317.6 %.
According to the…
Inflation in Chile fell two tenths in September
The Consumer Price Index (CPI) of Chile fell to 5.1 % year-on-year in the month of September, which represents a reduction of just two tenths compared to the previous month, according to the National Institute of Statistics (INE).
This…
Dollar in Argentina continues to rise
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,…
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…
Binance partners with Japanese banking giant to launch stablecoins
In a strategic collaboration, cryptocurrency exchange Binance joined forces with Japan's largest bank, Mitsubishi UFJ Trust and Banking Corporation (MUTB), with the aim of exploring the issuance of stablecoins in Japanese territory.
On…
China and EU discuss electric cars issues
In a momentous meeting, Valdis Dombrovskis, Vice President of the European Commission and in charge of Trade, will hold a high-level economic dialogue with He Lifeng, Chinese Vice Premier. This long-awaited event will take place amid…
European Commission (EC) ready to present proposal on frozen Russian assets
In a statement issued this Thursday, the European spokesperson for Justice, Christian Wigand, announced that the European Commission (EC) is "prepared" to present a proposal related to the use of frozen Russian public assets in order to…
Powell does not rule out an interest increase at the end of the year
The President of the United States Federal Reserve (Fed), Jerome Powell, reported that the institution he leads decided to maintain interest rates in the current range of 5.25 % to 5.5 %, but that a new rise before the end of the year.…