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% |
President Javier Milei acknowledged the possibility of a currency run in his last year of office, asserting that he has 125 billion dollars to confront it. However, analyzing this figure reveals that a significant portion does not correspond to available resources. During the same interview, Milei dismissed rumors about the departure of Economy Minister Luis Caputo, whom he deemed crucial for the government.
By Página/12
Domingo Cavallo critiques President Javier Milei's economic model, pointing to a possible 'over-adjustment' due to restrictive monetary policy, leading to declines in consumption and investment. An Ieral report supports these critiques and warns about the unequal growth conditions among economic sectors. Cavallo also points out the lack of a clear financial horizon as a shortcoming of Milei's management.
By Ámbito
Economy Minister Luis Caputo is traveling to Bangkok to participate in the annual assembly of the International Monetary Fund and the World Bank, aiming to finalize the third review of the agreement to release a disbursement of 860 million dollars. The trip includes key meetings with IMF Managing Director Kristalina Georgieva and other financial institution leaders.
By Página/12
Argentina has started to regain a larger share in global trade during Javier Milei's government, following a historic low in exports in 2023. Projections suggest that Argentine exports will exceed $100 billion in 2026, driven by growth in agriculture, energy, and other sectors. Although levels from 1960 are not yet met, the country is expected to recover its presence in the international arena over the next decade.
By Derecha Diario
Domingo Cavallo criticized Javier Milei and Luis Caputo's economic model, highlighting a report that addresses negative effects of the government's adjustments. The Ieral analysis suggests that the restrictive monetary policy has led to significant declines in consumption and investment, especially in sectors aimed at the domestic market. The report also raises concerns about official financial projections and the government's capacity to manage debt and Central Bank reserves.
By Clarín
Economy Minister Luis Caputo faces increasing pressure due to the technical recession and the need for results from his economic plan. Despite a lack of political support for implementing relief measures, some businessmen believe his possible departure from the position may intensify. Meanwhile, President Javier Milei clings to his goal of controlling inflation before the 2027 elections, aware of the risks this entails.
By Perfil
The Argentine government, represented by Chancellor Pablo Quirno, announced that the Chinese automaker BYD is considering the possibility of manufacturing lithium batteries in the country. This initiative could diversify BYD's presence in Argentina, which is currently limited to the sale of electric and hybrid vehicles. Quirno emphasized Argentina's potential to attract industrial investments, highlighting BYD's interest in the lithium value chain.
By La Nación
Alberto Ades, an economist gaining relevance in Javier Milei's government, denied rumors of becoming Luis Caputo's successor. In a recent interview, he praised the current economic model as necessary while also highlighting the risks involved in its implementation and the transition of the economy. Ades emphasized the fiscal and monetary adjustments as brave measures, but warned about negative effects on certain sectors during the shift to a more open economy.
By Página/12