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1 year bond The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso , caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
In 2006, Argentina re-entered international debt markets selling US$500 million of its Bonar V five-year dollar denominated bonds, with a yield of 8.36%, mostly to foreign banks, and Moody's boosted Argentina's debt rating from B− to B. [152] In early 2007 the administration began interfering with inflation estimates. [clarification needed] [153]
(Bloomberg) -- Argentina’s move to delay a $1.4 billion local bond payment this week hardly made a ripple in the broader world of global investing, with most outsiders seeing it as a sideshow ...
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The most recent arrangement approved Argentina to borrow SDR 40,714.00 million, of which Argentina has borrowed SDR 31,913.71 million [4] as of December 10, 2019. Over the past 63 years, Argentina has frequently used the resources of the IMF and holds the record for the largest loan distributed, reaching nearly $57 billion in 2018. [5]
Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the record 211.4 percent inflation rate of 2023. The sharp decline signals a ...
Argentina's new economy minister held a series of high-level finance meetings in Washington on Monday, with international lenders and U.S. officials, at a time of escalating financial pressure in ...
The yield on the benchmark 10-year Treasury, which rises as the price of the bond falls, briefly surged above the 4.8% mark Monday morning, its highest level since November 2023, while its 30-year ...