Argentina: The Week at a Glance

Share on twitter
Share on whatsapp
Share on facebook
Share on linkedin
Share on email

Listen to our reports with a personalized podcasts through your Amazon Alexa or Apple devices audio translated into several languages

en flag
zh flag
de flag
pt flag
es flag
Press play to listen
The Spread Hops Back on Stage By the end of last week, the dollar exchange rate in its MEP and Blue Chip Swap versions surpassed the 120-peso barrier again and closed with a spread over 70% against the official rate. This week, the market opened on the rise with BCS over 126 pesos to then go back to the 122 zone after the possible agreement with creditors hit the news. As we have already pointed out in other occasions, a spread this high is very hard for the economy since it creates all the wrong incentives. Underinvoicing of exports, overinvoicing of imports, more appetite for imported goods
Register for FREE or log in to read the rest of this report.

Contact report analysts

Speevr exclusive event

US Election Series 2020

Roundtable: GOP Data Scientists on Big Data and US Election Polling

Scott Tranter

Optimus Analytics

Tuesday 11th August 2020 at 12:00 ET / 17:00 UK

RSVP to secure your spot for this event

Argentina Economy: The Week at a Glance

( 12 mins read ) The Super Cepo outshined the Budget In another country this weekly editorial would inevitably be about the Budget. The Bill was presented last week. It has a realistic activity expectation, a too-high deficit, and a

Read More »

ARGENTINA: The Week at a Glance

( 9 mins read ) No Magic without Credibility for Argentine Bonds The debt restructuring has become a reality. Argentina will have almost no financial pressure for the next 5 years, well into the following administration. The deal with the

Read More »

ARGENTINA: The Week at a Glance

( 18 mins read ) Press play to listen With a Little Help from My Friends The economic scenario is challenging for Argentina. International reserves are scarce, there is an excess of pesos, and an activity level that will fall

Read More »

ARGENTINA: The Week at a Glance

( 14 mins read ) Press play to listen Good Closure for the Debt: Now Comes the IMF Argentina successfully closed a very important chapter in its prolific economic history. It is solving its ninth default, practically with no skeletons

Read More »

ARGENTINA: The Week at a Glance

( 18 mins read ) In Argentina, the feeling is that we hit rock bottom in April. Cement production, CAME’s sales, new vehicle registrations, Debits and Credits Tax revenue, and the recent PMI made by UADE all show better results in May than in April. The ongoing quarantine poses some limitations on activity improving during the coming weeks, but anyhow we expect the trend to stay positive.

Read More »

ARGENTINA: The Week at a Glance

( 18 mins read ) The Implications of the Debt Restructuring Deal It took its time, but it happened. The government finally struck a deal with their main creditors and everything points to the fact that, when figures are disclosed

Read More »

Argentina: The Week at a Glance

( 10 mins read ) Press play to listen Editorial: Local Debt Restructuring Underway, Foreign Debt Still Gridlocked Last Friday the executive submitted the bill to restructure the dollar debt under local law. This is a step in the right

Read More »

Argentina Economy: The Week at a Glance

( 16 mins read ) Press play to listen Editorial: Is the Fourth Time the Charm? Argentina submitted its fourth sovereign debt restructuring proposal under foreign law. This time it smells like a goal, but the ball still has to

Read More »

Argentina: The Week at a Glance

( 14 mins read ) Press play to listen Editorial: The Financial Health of the Provinces Argentina’s provinces finished 2019 with a primary fiscal surplus for the second year in a row. But, despite this improvement in fiscal behavior, three

Read More »

Argentina Economy: The Week at a Glance

( 29 mins read ) Press play to listen Editorial: Emission, the Great Danger for the Second Semester Argentina is heading towards a primary deficit which, being conservative, will reach 5.5% of GDP but could be higher, depending on factors

Read More »

Argentina Economy: The Week at a Glance

( 12 mins read ) Press play to listen Editorial: Unnecessary Noise The announcement that Vicentín was being expropriated made a lot of unnecessary noise in the economy. This could complicate both the short-term and medium-term outlook, the former because

Read More »

Argentina: Econviews Monthly Report

( 37 mins read ) Press play to listen Recent Developments COVID-19: 85% of the country has normalized activities with social distancing recommendations (with the exception of tourism, massive events and inter-jurisdictional transport, which are not allowed). In the case

Read More »

Follow our contributors on Twitter

I have a new post in the Prime Minister's Time section of my website, analyzing Suga's schedule for the week of 9/20. http://observingjapan.com/2020/09/26/the-week-of-20-september-2020/

Shinzo Abe presided over an era of stability in Japan, but his successor does not share Abe’s luck, @observingjapan writes. Japan’s economy has sunk into a recession and Beijing’s recent actions have entirely undone Abe’s pursuit of a rapprochement.
https://trib.al/GW4kv2W

En 4 de los últimos 5 meses las importaciones pagadas fueron superiores a las computadas en aduana. En exportaciones la tendencia es la opuesta: llevamos 7 meses seguidos con menos ingreso de dólares que exportaciones. Así es la brecha XL. Imposible que no falten dólares. #MULC

"Risks and Opportunities for the Euro" https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_STU(2020)652751 . A study Daniel Gros and I did for the European Parliament on the prospects for enhancing the currency's international role.

Shinzo Abe presided over an astonishing period of stability in Japan. His successor promises continuity, but a recession, an aggressive China, and a possible second Trump term will make it difficult to deliver on that promise, @observingjapan argues.
https://trib.al/Bcbe1U8

I don't think I've read anything that lays bare America's "cold civil war" as well as @jbouie does here. https://www.nytimes.com/2020/09/25/opinion/trump-supreme-court-missouri-compromise.html

Load More...
×

Table of Contents