Tag: Luis Caputo

Thursday, October 23rd 2025 - 23:27 UTC
Quirno chosen for Argentine FM post

President Javier Milei has named current Secretary of Finance Pablo Quirno as Argentina's next Foreign Minister, replacing Gerardo Werthein, the Office of the President (OPRA) confirmed in a statement on Thursday. The appointment, effective Monday, October 27, follows Werthein's resignation the day prior.
Add your comment!
Monday, October 13th 2025 - 10:20 UTC
Argentina clinging to floating US dollar, says Caputo

Argentina's Economy Minister, Luis Toto Caputo, confirmed that the Government of President Javier Milei has ruled out dollarization and will maintain the current exchange rate band system, with a floating US dollar.
Tuesday, October 7th 2025 - 10:11 UTC
Argentine Economy Minister seeks help from Bessent and Georgieva

Argentine Economy Minister Luis Toto Caputo held key meetings on Monday in Wasdhington, DC, with US Treasury Secretary Scott Bessent and International Monetary Fund (IMF) Managing Director Kristalina Georgieva in search for a lifeline ahead of the Oct. 26 midterm elections when the ruling La Libertad Avanza (LLA) of President Javier Milei will seek to build political muscle to face the administration's remaining two years. A concrete announcement is expected from Caputo's meetings.
Wednesday, September 24th 2025 - 10:35 UTC
Additional financial help for Argentina announced

Following meetings in the United States, including the one between President Javier Milei and his US colleague Donald Trump, the South American country has secured significant financial support from international agencies.
Wednesday, August 27th 2025 - 10:55 UTC
Argentina: Interest rates soar in response to new BCRA rules

Argentina's financial system is experiencing significant tension as a new reserve requirement scheme from the Central Bank (BCRA) forces financial institutions to drastically raise interest rates on fixed-term deposits. The average rate for a 30-day fixed-term deposit has jumped to 51.3%, a substantial increase from just a few weeks prior.
Tuesday, August 5th 2025 - 10:00 UTC
IMF money arrives in Buenos Aires, boosting reserves

Argentina has received a US$2 billion disbursement from the International Monetary Fund (IMF), a move that has boosted the country's international reserves and provided a temporary reprieve from exchange rate volatility. The funds, part of an agreement reached in April, have raised the Central Bank's reserves to over US$43 billion, the highest since early 2023.
Wednesday, July 23rd 2025 - 09:35 UTC
Gopinath leaves IMF to return to Harvard

International Monetary Fund Deputy Managing Director Gita Gopinath announced this week that she will be resigning from her position at the end of August to return to teaching at Harvard University. “I have decided to return to my academic roots,” she explained.
Tuesday, June 24th 2025 - 10:12 UTC
IMF mission arriving in Buenos Aires to monitor progress

A technical mission from the International Monetary Fund (IMF), led by Bikas Joshi, is due in Buenos Aires on Tuesday to conduct the first review of Argentina's new economic program. The proceedings were initially set for June 15 but postponed to allow more time for the Libertarian Government of President Javier Milei to meet reserve targets.
Friday, June 13th 2025 - 09:29 UTC
Indec says Argentina's inflation in May stood at 1.5%

Argentina's Consumer Price Index (CPI) recorded a 1.5% increase last month, the National Institute of Statistics and Census (Indec) announced Thursday. It was the lowest monthly inflation rate since May 2020 and closer to 1.4% from November 2017.
Thursday, May 1st 2025 - 10:09 UTC
Argentine gov't to eliminate export duties from 4,411 items

Economy Minister Luis' Toto' Caputo announced Wednesday that the Argentine government will eliminate export duties on 88% of industrial products, affecting 4,411 items and benefiting 3,580 businesses (nearly 40% of exporters).