Tag: Argentina devaluation

• Friday, August 4th 2023 - 10:56 UTC

  “Blue” dollar knows no ceiling in Argentina

  

  The “blue” (a euphemism for “black market”) dollar went up again Thursday in Argentina hitting a new all-time high of AR$ 570 at the end of the day as the Aug. 13 Simultaneous, Mandatory, and Open Primary (PASO) presidential elections loom over, it was reported in Buenos Aires.

• Wednesday, November 21st 2018 - 17:49 UTC

  Aluminum producer Aluar profits 54% up thanks to devaluation of Argentine peso

  

  The aluminum producer Aluar will distribute dividends among its shareholders for $ 2,884 billion (79.71 million US dollars) as a result of an increase in semiannual profits of 54.5%, the company reported to Argentina's stock exchange regulator Comisión Nacional de Valores (CNV), which was due mainly to the peso devaluation.

• Saturday, October 6th 2018 - 09:10 UTC

  Peso devaluation to affect Argentine households retroactively

  

  Argentina's government Friday allowed home gas suppliers to charge extra as of January 2019 to make up for the recent devaluation of the peso against the US dollar.

• Monday, September 24th 2018 - 09:19 UTC

  Macri in New York to convince investors Argentina in on track to stability and address the UN assembly

  

  Argentine president Mauricio Macri is in New York where he is scheduled to address the United Nations General Assembly on Tuesday, but will also be holding a round of talks with business leaders and potential investors, plus granting interviews to key media outlets.