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MercoPress, en Español

Montevideo, June 14th 2026 - 12:54 UTC

Argentina

  • Tuesday, May 8th 2018 - 06:57 UTC

    Argentine Peso: the worst of the storm seems to be over...for the time being

    “The Peso may strengthen or weaken ... the idea is that there be little volatility,” Treasury Minister Nicolas Dujovne said on local television on Sunday night

    The Argentine Peso closed slightly weaker on Monday, though analysts remained optimistic the government and central bank had curbed a run on the currency with a massive rate hike and lower fiscal deficit target last week. . The local currency opened stronger on Monday but closed down 0.41%, at 21.97 per U.S. dollar. The Merval stock index ended down 3.43% and traders said investors remained cautious.

  • Tuesday, May 8th 2018 - 06:36 UTC

    Malvinas veterans abused by their officers are demanding justice from IACHR

    “I was completing my time when the Malvinas were recovered. We were all called back and on 11 April, we were in the Islands”, explained Silvio Katz (Pic Vis a Vis)

    The Malvinas Islands ex Combatants Center, CECIM has requested the Inter American Commission on Human Rights, IACHR, to intercede before the Argentine government and demand a commitment that human rights abuses suffered by the Argentine conscripts during the South Atlantic conflict will be investigated. The case has 120 plaintiffs and 95 defendants.

  • Monday, May 7th 2018 - 09:28 UTC

    Argentina's storm: “Macri is not a political leader, he's a businessman”

    Mirtha Legrand and Jorge Lanata sharing the night program

    “President Macri is not a political leader, he's a businessman, that's why he doesn't like to come out on national television; he should come closer to the people, he should be more political and less technical”. The comment belongs to Jorge Lanata probably the most outstanding investigative reporter in Argentina, and who heads the hate list of ex president Cristina Fernandez.

  • Monday, May 7th 2018 - 08:54 UTC

    British Embassy in Buenos Aires launches call for project bids for 2018

    The British Embassy in Argentina has been allocated program funds for UK financial year 2018/2019.

    The British Embassy is inviting all interested parties to submit their proposals for the British Embassy Buenos Aires Project Fund 2018. The British Embassy has been allocated program funds for UK financial year 2018/2019. The fund is part of the UK’s total Official Development Assistance (ODA) commitment of 0.7% of GNI.

  • Monday, May 7th 2018 - 08:42 UTC

    Argentina Parana River returns to normal activity following release of grounded vessel

    The cargo ship Pilatus Venture, en route to Australia, was stranded on Thursday about 85 km south of Rosario on the Rio Parana

    Grains shipping on Argentina’s Parana River was returning to normal on Saturday after a ship ran aground on Friday, causing delays, the head of Argentina’s Chamber of Port and Maritime Activity said.

  • Monday, May 7th 2018 - 08:29 UTC

    Argentina and China among the most vulnerable markets, says IIF

    Experts reevaluated potential changes in investors’ interest in assets amidst the strengthening of the U.S. dollar, growth of interest rates and trade disputes.

    The markets of China, Ukraine, Argentina, South Africa and Turkey are the most vulnerable among all developing countries in terms of financing needs, reserve adequacy, asset valuation, institutional quality and trade resilience, according to a review by the analysts of the Institute of International Finance (IIF).

  • Saturday, May 5th 2018 - 07:24 UTC

    Argentina hikes benchmark rate to 40%, easing pressure on the Peso but not on inflation

    Analysts said the move suggested the Central Bank had done enough for now to stabilize the peso.

    Argentina's Central Bank on Friday hiked its benchmark interest rate to 40% to support the peso, the third such hike in just over a week and one day after the currency plunged in value. Following the decision, the peso -- which has lost more than 10% of its value in the past month -- opened 6% higher against the dollar.

  • Friday, May 4th 2018 - 09:00 UTC

    Argentine Peso tumbles 7.83% to US dollar; central bank raises rate to 33.25%

    The Peso tumbled 7.83% to 23 per U.S. dollar. It had hit 21.2 (23,5 in some banks) to the greenback on Wednesday. The central bank hiked the rate to 30.25% from 27.25% on Friday.

    Argentina’s central bank raised its benchmark interest rate by 300 basis points to 33.25% percent on Thursday, but the second steep rate increase in less than a week failed to stop the country’s peso currency from swooning to a record low. The local currency tumbled 7.83% to 23 per U.S. dollar. It had hit 21.2 to the greenback on Wednesday, the first trading day due to a holiday after the bank hiked the rate to 30.25% from 27.25% on Friday.

  • Thursday, May 3rd 2018 - 08:39 UTC

    Lack of investor confidence sees the Argentine Peso fall 3.11% against the dollar

    The central bank sold about US$ 400 million in the foreign exchange market as of early Wednesday afternoon, traders said

    Argentina’s peso currency closed down 3.11% on Wednesday at an all-time low of 21.2 per U.S. dollar, even as the central bank continued selling dollars to try to halt the slide of the local currency, traders said. The currency’s sustained weakening showed a lack of investor confidence in Latin America’s third largest economy, which is blighted by one of the world’s highest inflation rates.

  • Thursday, May 3rd 2018 - 08:22 UTC

    Pope sends a greeting message to “Mothers of Plaza de Mayo” on their 41st anniversary

    The Pope’s greeting was addressed to Ana María Careaga, daughter of one of the founders of the association, Esther Ballestrino de Careaga

    Pope Francis sent an audio message for the 41st anniversary of the “Madres de Plaza de Mayo” (Mothers of Plaza de Mayo), who protested against the disappearance of their children during the Dirty War (1976-1983) of Argentina’s military dictatorship.