Three plans: El Resumen Esencial for free, Premium with the full analysis and Intelligence with data and alerts to decide, in English, Spanish or Portuguese.
Three plans: El Resumen Esencial for free, Premium with the full analysis and Intelligence with data and alerts to decide, in English, Spanish or Portuguese.
Three plans: El Resumen Esencial for free, Premium with the full analysis and Intelligence with data and alerts to decide, in English, Spanish or Portuguese.
Official dollar
$1,570
0.00%Selling rate · Nov 5 03:55 PM
Blue dollar
$1,555
0.00%Selling rate · Nov 10 05:59 PM
MEP dollar
$1,587.90
0.00%Selling rate · Nov 10 05:59 PM
CCL dollar
$1,664.90
0.00%Selling rate · Nov 10 05:59 PM
FX gap
6.0%
CCL vs. official rate
Country risk
873 bp
-66 bpBasis points · Nov 9
Close of Nov 10
Argentine market · ADRs on Wall Street· Close of Nov 10
| Asset | Price (US$) | Day change |
|---|---|---|
| MELI (MercadoLibre) | $1,490.24 | -2.77% |
| YPF (YPF) | $37.27 | -2.15% |
| GGAL (Grupo Galicia) | $29.91 | -1.61% |
| VIST (Vista) | $55.70 | -3.53% |
| PAM (Pampa Energía) | $63.76 | -1.84% |
| TGS (TGS) | $21.56 | -1.42% |
| BMA (Banco Macro) | $57.82 | -1.06% |
| CEPU (Central Puerto) | $10.25 | +0.59% |
| BBAR (BBVA Argentina) | $10.73 | -0.92% |
In October, public spending in Argentina saw a 9.7% decrease in real year-on-year terms, according to a report from the Argentine Institute of Fiscal Analysis (IARAF). The largest declines were noted in transfers to provinces and universities, while despite the cuts, no spending was projected to be halted, and the debt was reduced by 300 billion pesos.
By Ámbito
Alberto Ades, an economist with Wall Street experience, analyzed in Ronda de Economistas the perception of international investors regarding Javier Milei's economic program, emphasizing his particular conviction towards lowering inflation and deregulation. While investors view these inclinations positively, he also warned about Argentina's historical complications that may influence their expectations. Ades highlighted the need to establish stable macroeconomic consensus to foster a conducive investment environment.
By Perfil
Economist Ernesto Mattos warned that inflation in Argentina could solidify above 30% annually, complicating economic planning. In an interview, he criticized the failure to meet official targets and the lack of wage agreements that exceed inflation. This scenario creates uncertainty regarding the ability to recover purchasing power and suggests that the economy lacks signs of sustained deceleration.
By Perfil
Argentina's manufacturing industry saw a 1.8 percent year-on-year decline, accumulating a 2.6 percent contraction over the first nine months of 2026. Despite some monthly improvements in sectors like construction, the deterioration in industrial production, particularly in machinery and textiles, reflects the difficulties facing the economy under Javier Milei's government. Business expectations are also bleak, with a high percentage of companies anticipating stagnation or declines in activity.
By Página/12
Javier Milei affirmed his economic plan and stated that there are no plans to devalue the peso during a meeting with members of the Rural Society. Despite market pressures and the rise in Country Risk, Milei defended fiscal balance and criticized those suggesting devaluation as a solution. He also reiterated his goal to eliminate withholdings, though he received only moderate applause for it, reflecting tensions with the agricultural sector.
By Página/12
President Javier Milei defended his economic model in a speech before the Argentine Rural Society, promising to continue with structural reforms and tax reductions. He emphasized the importance of maintaining fiscal balance while rejecting proposals that suggest exceptions for certain expenditures. Milei also highlighted that his administration has reduced the annual inflation from 211% to 30% and mentioned the elimination of over 18,000 regulations as part of his approach to economic deregulation.
By Derecha Diario
State Minister of Deregulation and Transformation, Federico Sturzenegger, highlighted the government's economic program achievements at the ABECEB Forum, asserting more had been accomplished in six months than in 30 years. He also announced the closure of 72 motor vehicle registries as part of a digitalization policy aimed at reducing bureaucracy, which is expected to cause temporary delays in public service. Sturzenegger urged for macroeconomic discipline and emphasized the need for businesses to take the lead in wealth creation while ensuring fiscal management improvements.
By Perfil
BGH announced it will cut 42% of its workforce in Tierra del Fuego, equating to 250 layoffs. This decision is part of a broader crisis in the region’s electronics industry, coinciding with rising imports and declining local production since Javier Milei took office. Over the past year, more than 3,000 jobs have been lost in sectors protected by the industrial sub-regime in the province.
By Página/12
In October, mortgage loans in Argentina saw a year-on-year increase of 24%, marking the largest monthly rise in a year. This growth is attributed to loans funded by the Sustainability Guarantee Fund (FGS) from ANSES, which facilitated availability and supply in the mortgage market. Banco Nación also contributed to this increase, issuing over 210 mortgage loans under this program, reinforcing its role in housing financing.
By iProfesional
Argentina ranks last in a global ranking of support for agricultural producers, according to an OECD report, which states that public policies have deducted around 15% from the sector's gross income in 2025. Despite the reductions in export tariffs implemented by Javier Milei's government, the report indicates these are still insufficient and negatively affect the investment and growth capacity of the agricultural sector. The OECD's recommendations include gradually reducing export taxes and implementing a more predictable tax reform to improve the situation.
By La Nación
Federico Sturzenegger defended the economic direction of the Argentine government, emphasizing the need to maintain conditions that favor development in sectors such as energy and mining, despite the slow response in investment. He highlighted the reduction in inflation, poverty decline, and GDP growth as positive outcomes of the current economic approach. However, Deputy Minister of Economy José Luis Daza acknowledged that economic activity has not recovered as strongly as expected, pointing out uncertainty as an obstacle to long-term investment.
By Ámbito
During the Argentine Industrial Union conference, Economy Minister Luis Caputo announced measures to relieve the tax burden on businesses, such as suspending ARCA's embargoes on SMEs until May 2027. The deadline for tax debts will also be extended, and ARCA refunds will be processed more quickly. Caputo emphasized the elimination of the stamp tax as a necessary boost for the industry and highlighted the importance of macroeconomic stability in Javier Milei's government model.
By Perfil
The article outlines Argentina's critical economic situation, facing a potential recession and fiscal challenges. It emphasizes the need for Economy Minister Luis Caputo to achieve a monumental surplus in the last quarter of 2026 to meet IMF targets. The article also notes weak revenue growth and forecasts that the country will end the year with a decline in Gross Domestic Product.
By Perfil