The peso rose sharply against the dollar in 2024, causing a significant drop in tourism. The government maintains it will not ...

Argentina recorded ... curb runaway prices. During his first month in office in December 2023, inflation hit a record 25.5 percent after he devalued the beleaguered peso by 52 percent.

President Javier Milei has overseen a major crackdown on government spending, leading to a remarkable fall in inflation after ...

The results of the policies were impressive: monthly inflation, which peaked after Milei assumed office, fell from 25.5% to 2.4%; Argentina’s economic recession ended; and the government saw its first ...

Banco BBVA Argentina faces challenges as Argentine banks must revert to traditional banking amid economic normalization and ...

Investors expected the monetary authority to cut rates during ... annual inflation print of 118%. The last rate cut took place Dec. 5. Argentina still maintains a litany of capital and currency ...