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English: A chart showing the amount of exports and imports of Argentina, from 1992 to 2004. Note the slight trade surplus in 1995 and 1996, with trade deficit elsewhere, until the recession and the Argentine economic crisis of 2001, followed by currency devaluation, produced a sharp drop in imports.
Immediately after the collapse of the Argentine economy at the end of 2001 and the devaluation of the peso in 2002, imports fell over half and Argentina's trade surplus soared to over US$16 billion, [3] providing for the first current account surplus since 1990. As recovery ensued and the exchange rate stabilized around 3 pesos/dollar, exports ...
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
From January to November, Argentina logged a $17.20 billion trade surplus, official data show, turning around the $7.94 billion trade deficit in the first 11 months of 2023. TRADE SURPLUS LIKELY ...
The following table shows the value of total annual merchandise exports and imports, expressed in millions of United States dollars (current prices), and the resulting trade balance, according to United Nations Conference on Trade and Development (UNCTAD), [2] World Trade Organization (WTO), [3] and World Bank (WB). [4] [5] [6]
Javier Milei has won Argentina’s presidential election on a ticket to overhaul South America’s number two economy and ditch its peso currency in favor of the US dollar.
In 1992 a new peso (ISO 4217: ARS) was introduced, referred to as peso convertible since the international exchange rate was fixed by the Central Bank at 1 peso to 1 U.S. dollar, and for every peso convertible circulating, there was a US dollar in the Central Bank's foreign currency reserves. It replaced the austral at a rate of 1 peso = 10,000 ...
BUENOS AIRES (Reuters) -Argentina will weaken its peso over 50% to 800 per dollar, cut energy subsidies, and cancel tenders of public works, new Economy Minister Luis Caputo said on Tuesday ...