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Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply

Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise SharplyThe Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are predicted to reach almost 100% this year, similar to the rates registered in 2022. […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political WoesThe Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto Fernandez and Argentine courts. […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services

Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency ServicesThe Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurrency purchasing services from their apps. The measure is said to be directed at mitigating risks associated with cryptocurrency assets. Central Bank of Argentina Closes […]

Bank of Japan keeps interest rates unchanged for third straight meeting