Argentina's central bank jacked up its key interest rate by 15 percentage points to 60%. Officials promised to leave the rate at least that high until December as the country seeks a way to stop ...

“Argentina’s latest interest-rate cut shows the central bank is moving fast to exploit market momentum and currency controls. Additional cuts are possible in coming months, but a sharply ...

Meanwhile, with traders nervous about a possible peso devaluation under Argentina's IMF deal, the closely watched gap between Argentina's currency exchange rates has grown by over 20% in recent weeks.

(Bloomberg) -- Argentina will unveil a set of emergency measures in a bid to stem additional currency losses, including a large increase to its key interest rate, as inflation spirals out of ...

The long-suffering currency will start on a new exchange rate regime on Monday after the government dismantled large parts of the country's years-long capital controls, putting the peso on a far ...

BUENOS AIRES, Argentina — In a bid to stabilize the country’s currency, Argentina’s central bank on Friday increased its benchmark interest rate to 40 percent, dampening the prospects for ...

Argentina’s government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118% By Pro Farmer Editors Updated August 15, 2023 03 ...

Argentina’s currency woes are still pressing. Last year, its inflation rate hit a three-decade record of 95%. The attraction may come down to influence for Brazil, Rai said.