Argentina

• Friday, July 14th 2023 - 10:50 UTC

  IMF: Negotiations with Argentina continue; “no letter from China urging IMF to a quick solution”

  

  Julie Kozack, Director of the IMF Communication Department held her weekly media conference and made some announcements referred to the current IMF/|Argentine negotiations. Ms. Kozack revealed that IMF/Argentina negotiations are ongoing, did not advance more details on possible closing dates and denied the existence of a letter from Chinese officials urging a quick solution to the Argentine case. Such as information was leaked in Argentina by government sources. Finally Ms Kozack anticipated that IMF officials and staff will be on holidays beginning July 31st until 11 August.

• Friday, July 14th 2023 - 10:19 UTC

  Argentina: “Blue” dollar keeps soaring, June's inflation 6%

  

  The “blue” (a euphemism for “black market”) dollar hit another record Thursday in Argentina, closing at AR$ 512 / US$ 1, for a total increase of AR$ 166 so far this year which represented a 48% rise since closing 2022 at AR$ 346, it was reported in Buenos Aires. The gap between the informal dollar and the official exchange rate stands at 93.7%.

• Thursday, July 13th 2023 - 10:56 UTC

  Argentina: “Blue” dollar pierces AR$ 500 barrier

  

  The “blue” (a euphemism for “black market”) dollar Wednesday pierced the AR$ $500 barrier and set a new record high, it was reported in Buenos Aires. Meanwhile, the official exchange rate also went up despite the Central Bank (BCRA) selling some of its reserves.

• Thursday, July 13th 2023 - 10:39 UTC

  Uruguay's Tourism Minister says Argentine President's words were harmful

  

  Uruguay's Tourism Minister Tabaré Viera Wednesday said that Argentine President Alberto Fernández's remarks that no water came out when people opened the faucets in Montevideo had resulted in numerous cancellations.

• Wednesday, July 12th 2023 - 10:57 UTC

  Argentina: Javier Milei's party under investigation

  

  Argentine Judiciary authorities have launched a probe into allegations that the political party La Libertad Avanza of Deputy Javier Milei was charging up to US$ 50,000 for a slot on the ballot lists, it was reported in Buenos Aires.

• Wednesday, July 12th 2023 - 10:08 UTC

  Argentina: “Blue” dollar hits new record high

  

  The “blue” (a euphemism for “black market”) dollar closed at AR$ 493 / AR$ 498 (buy / sale) Tuesday, hitting an all-time high following an AR$ 5 increase so far this week, it was reported in Buenos Aires financial circles. At some point Tuesday it reached AR$ 499.

• Tuesday, July 11th 2023 - 09:16 UTC

  Water crisis: Uruguay accepts Argentina's help

  

  Uruguayan President Luis Lacalle Pou Monday said his country would be accepting Argentina's help to mitigate the water crisis but added that the amount of drinking water offered was nowhere near the needs to match the volumes consumed normally in Montevideo.

• Tuesday, July 11th 2023 - 08:46 UTC

  Bolivian traveler dies in Argentine roadblock

  

  A 66-year-old Bolivian tourist died Sunday in the Argentine province of Jujuy when the bus she was riding was held by a roadblock and she could not receive proper and timely medical attention after fainting, it was reported Monday.

• Monday, July 10th 2023 - 10:42 UTC

  Argentina: First segment of President Néstor Kirchner gas pipeline inaugurated

  

  In an event marking togetherness within the ruling Unión por la Patria front ahead of this year's presidential elections, the first segment of the President Néstor Kirchner gas pipeline was inaugurated Sunday in Salliqueló, in the province of Buenos Aires.

• Saturday, July 8th 2023 - 11:15 UTC

  Argentine FM overflies area of fishermen's incident with Paraguayan Coast Guard

  

  Argentine Foreign Minister Santiago Cafiero and Corrientes Governor Gustavo Valdez Friday flew over Punta Ñaró, the border area where a diplomatic incident took place between Paraguay's Coast Guard and local fishermen, in a move to achieve a peaceful solution to the crisis.