Tag: Santiago Bausili

• Friday, November 1st 2024 - 21:14 UTC

  Argentina's Central Bank lowers basic interest rate

  

  Given the significant fall in Argentina's inflation rate, the Central Bank (BCRA) announced Friday that it was lowering the basic interest rate from 40% to 35% in a move to “boost private credit.”

• Monday, May 13th 2024 - 20:45 UTC

  Argentina passes IMF test with flying colors, will get US$ 800mn

  

  After passing the eighth review of its debt refinancing program with the International Monetary Fund (IMF), Argentina is expected to receive a US$ 800 billion disbursement in the coming weeks, it was announced Monday. However, the transaction still needs to be approved by the IMF Board of Directors.

• Wednesday, May 1st 2024 - 23:50 UTC

  Mondino assured of China's support for Argentina's stance regarding Malvinas/Falkland issue

  

  Although Argentine Foreign Minister Diana Mondino had the near-impossible task of putting her country on good terms with China despite President Javier Milei's disparaging campaign comments, some common ground was reached this week as the South American diplomat reaffirmed the one-China principle and Beijing backed Argentina's claim to the Falkland/Malvinas Islands.

• Saturday, January 12th 2019 - 10:34 UTC

  Excessive high-risk premium for Argentine assets, claims Macri official

  

  Investors have placed an excessively high-risk premium on Argentine assets compared to their peers, according to Finance Secretary Santiago Bausili, quoted in a report by Bloomberg. Argentina's country risk rating has been hovering at 7.0 percentage points.

• Saturday, April 9th 2016 - 16:39 UTC

  Argentina begins next Monday road-show in UK and US to raise US$ 15bn

  

  Argentine representatives will begin meeting investors Monday as the country returns to the international bond market for the first time in 15 years, it was announced by Economy minister Alfonso Prat-Gay from Bahamas, where he is attending the Inter American Bank annual assembly.