In the first week of Milei’s government, the Central Bank bought another US$ 757 million

2023-12-15 20:47:20 During the first week of Javier Milei’s Government, the Central Bank of the Argentine Republic accumulated purchases for US$ 757 million dollars and international reserves rose to US$ 21,450 millionafter having drilled the US$ 20 billion floor. In the wheel of this Friday, the monetary authority took US$207 millionaccording to official information. He … Read more

the announcement that the Central Bank would make today

2023-12-13 10:35:00 On a day marked by the economic announcements made yesterday by the Minister of Economy, Luis Caputo, The Central Bank will announce that the card dollar will be set at 1,280 pesos. This decision follows an exchange rate devaluation that will come into effect in the coming hours. As published by Infobae -through … Read more

must allow Córdoba access to dollars to pay debt

2023-12-06 17:42:56 The head of Federal Court 2 of the City of Córdoba, Alejandro Sánchez Freytes, granted the precautionary measure requested by the Government of Córdoba in the amparo action initiated against the Central Bank of the Argentine Republic (BCRA). The claim arose from a resolution in recent days that prevented access to the Single … Read more

The Argentine Fiscal Problem: Milei’s Plan to Solve Central Bank Crisis and Dollarization

2023-11-22 16:43:51 For Ortiz, the Argentine problem is a fiscal problem rather than an inflationary one and he compares it to what happened in Peru in the 1980s, when the country became over-indebted and spent beyond its collection capacities, which ended up generating high inflation and a devaluation of the currency. Meanwhile, Perea pointed out … Read more

Mercado Pago questioned the Central Bank for the “turning off” of the immediate debit

2023-09-25 23:52:30 Mercado Pago questioned this Monday the “switching off” of the immediate debit, a measure ordered by the Central Bank of the Argentine Republic (BCRA) and which, it assured, was promoted by traditional banking. The fintech division (finance technology company) of MercadoLibre came to the crossroads of suspending immediate debit, which allows a user … Read more

what is how will the real digital work?

2023-08-09 11:50:47 O Banco Central finally defined it as “drex” the name of the new real digital. This digital currency should lower operating costs, but it should still take time to be released, with an expectation that this will happen by the end of 2024. With the launch of the official name of the first … Read more