Argentina

• Wednesday, August 28th 2019 - 09:59 UTC

  Macri anticipates that Argentina's inflation will accelerate to 3% in August; country risk reaches 1.990 points

  

  Argentine President Mauricio Macri said that monthly inflation would accelerate to 3% in August following a slump in the peso, as the central bank intervened heavily in the market on Tuesday to prop up the local currency.

• Wednesday, August 28th 2019 - 09:49 UTC

  Argentina sold US$ 302 million to support the Peso, exceeding an IMF agreement

  

  Argentina's central bank on Tuesday exceeded for the first time a guideline on reserve sales agreed as part of its US$ 57 billion standby agreement with the International Monetary Fund, selling US$ 302 million in the foreign exchange market, traders said.

• Tuesday, August 27th 2019 - 20:55 UTC

  Fernandez tells the mining industry that exports are “the only solution” for Argentina

  

  Argentina's opposition candidate Alberto Fernandez told mining companies and governors from key mining provinces on Monday that exports were “the only solution” for Argentina, his coalition said.

• Tuesday, August 27th 2019 - 20:52 UTC

  IMF meets Argentine opposition leader: “constructive talks”, but the Fund is blamed for the current situation

  

  A team from the International Monetary Fund met on Monday with opposition candidate Alberto Fernandez, the front-runner for October's presidential election, according to a spokesman for Fernandez.

• Tuesday, August 27th 2019 - 11:47 UTC

  Argentina and Brazil replacing US as main soybean suppliers of China

  

  Amid trade tensions with the US, China's July soybean imports from Argentina increased 328% month on month and 269% year on year to 1.07 million metric tons, according to customs data.

• Tuesday, August 27th 2019 - 10:56 UTC

  Argentines fear of a repeat of the “corralitos” of 1989 and 2002

  

  It happened in 1989. It happened in 2002. Argentines who are old enough to remember do not want to go through it again.

• Tuesday, August 27th 2019 - 08:30 UTC

  Argentine court rejects request to throw out a corruption case against ex president Cristina Fernandez de Kirchner

  

  An Argentine court rejected on Monday a request from lawyers to throw out a corruption case against former president and current vice-presidential candidate Cristina Fernandez de Kirchner.

• Monday, August 26th 2019 - 18:51 UTC

  Tens of thousands march in support of Macri in Buenos Aires and other cities

  

  Tens of thousands of Argentines jammed streets in the capital Buenos Aires and other cities on Saturday to show support for conservative President Mauricio Macri, who is facing a tough fight heading into general elections in October in a country beset with economic challenges.

• Monday, August 26th 2019 - 18:07 UTC

  IMF mission in Argentina looking into the books and trying to sort out the future

  

  An IMF mission is in Argentina and is going over the country's accounts with government top officials, to assess future disbursements of the US$ 57bn standby credit granted to the country, currently facing financial and political uncertainty, and on Monday are scheduled to meet with representatives from the opposition.

• Saturday, August 24th 2019 - 09:54 UTC

  IMF mission arrives to Argentina this Saturday: US$ 5.3bn disbursement to be considered

  

  Delegates from the International Monetary Fund (IMF) land in Buenos Aires Saturday as concerns about Argentina’s economy cast doubt upon the future of its record US$56 billion bailouts. The date of the trip was agreed with the Argentine central bank chairman, Guido Sandleris.