Argentina's Central Bank (BCRA) announced this week that would start printing AR$10,000 and AR$20,000 bills (a little under US$ 10 and 20 respectively) to meet the demand for higher-denomination banknotes, it was reported in Buenos Aires. The issuance of these denominations will facilitate transactions among users, the BCRA argued in a statement.
Argentine-born Pope Francis will have a private meeting at the Vatican on Feb. 11 with Javier Milei, the president of his native country, after the latter spoke ill of the Catholic leader during his election campaign, it was reported in Buenos Aires.
International Monetary Fund (IMF) Spokeswoman Julie Kozack Thursday said the global credit agency hoped Argentina's latest measures would have the political support they needed, particularly the adjustments included in the so-called Omnibus Law bill currently in Congress.
Despite stemming from different political forces, the governors of Argentina's Patagonian provinces Thursday issued a joint statement condemning President Javier Milei's bold approach to the country's economic crisis, particularly his most-encompassing emergency decree (DNU) and the so-called Omnibus Law bill currently in Congress.
Argentina's National Institute of Statistics and Census (Indec) Thursday said the Consumer Price Index (CPI) for December 2023 went up by 25.5% for an interannual total of 211.4%, it was reported in Buenos Aires.
The Argentine Government of President Javier Milei Wednesday reached an understanding with the International Monetary Fund (IMF) whereby the global credit agency will make a disbursement of nearly US$ 4.7 billion, Economy Minister Luis Toto Caputo confirmed during a press conference in Buenos Aires.
Argentine foreign minister Diana Mondino is proving to be an efficient peace maker. Despite president Javier Milei aggressive rhetoric towards the Beijing regime during and after the electoral campaign, Ms. Mondino seems to have managed a working understanding with the Chinese government.
Argentine President Javier Milei Tuesday held successive telephone conversations with German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau to deepen his government's international outreach. Also participating in the conversations was Argentine Foreign Minister Diana Mondino.
Argentine Foreign Minister Diana Mondino is to meet on Thursday or Friday with Chinese Ambassador Wang Wei to discuss a US$ 6.5 billion currency swap brokered by former Economy Minister Sergio Massa last year, among other topics.
Argentine President Javier Milei returned this weekend to the mainland after touring the Marambio and Esperanza Bases in Antarctica, it was reported in Buenos Aires.