Market sources settle on the currency trading around 25 pesos against the dollar, but inflation, FX risks persist
Category: Argentina
Posted inDaily Brief
Investors confident Macri policies can overcome peso woes
While there are some similarities between today and Argentina’s 2001 crisis, a floating currency should avoid a banking, economic depression
Posted inDaily Brief
Genneia gets OK for Loma Blanca purchase
Argentine power generator gains regulatory approval for a 51 MW wind farm
Posted inDaily Brief
Argentine issuers face higher funding costs as peso dips
The country’s fiscal, current account deficits and high inflation could limit borrowers’ access to global markets, Moody’s
Posted inWeb Articles
Higher costs await Argentine corporates as peso falls
Bond issuers stare down greater capital markets funding costs after the currency dipped to new lows on Monday
Posted inDaily Brief
Argentina asks CAF, IDB for credit lines
Sovereign reaches out to LatAm development banks in a bid to curb the fledgling peso
Posted inDaily Brief
Trafigura snaps up Pampa assets
Singaporean commodities trader closes a $124.5m transaction with the Argentine energy company
Posted inWeb Articles
Argentina adds CAF, IDB to wish list amid peso slide
After reaching out to the IMF for a possible credit line, the sovereign now approaches the region’s multilaterals for additional credit
Posted inDaily Brief
Argentina turns to IMF
President Mauricio Macri asks the Washington DC-based fund for a flexible credit line to aid the fledgling peso
Posted inWeb Articles
Argentina schedules talks with IMF over credit line
President Mauricio Macri addresses the nation about a flexible funding line that could swell to as much as $30bn