In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s
Read moreArgentine President Javier Milei Seeks to Penalize Central Bank Money Issuance
Javier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send
Read moreArgentine President Javier Milei Rules out Dollarization Process in 2024
Javier Milei, the libertarian president of Argentina, has ruled out the possibility of applying his dollarization plan during 2024. In an interview with local media,
Read moreCentral Bank of Argentina Reduces Dollar and Yuan Disbursement to Importers
Importers are accusing the Central Bank of Argentina of stalling on the delivery of dollar-based payments under the pretext of high freight costs. According to
Read moreCentral Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle
The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of
Read moreArgentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan
The government of Argentina has noted that 19% of all imports authorized in the national system were settled using the Chinese yuan in April and
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