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Treasury Secretary Scott Bessent talks about President Donald Trump's tariff policies, countries trying to work out new trade deals, Argentina paying off its swap line with China, his relationship with Federal Reserve Chair Jerome Powell and the strength of the US dollar. He speaks to Bloomberg's Annmarie Hordern exclusively in Buenos Aires. (Source: Bloomberg)...
The Argentine central bank sold as much as $400 million to defend the peso on Friday, according to traders with direct knowledge of the matter, the most in a day since mid-March....
Argentina's central bank said payment intermediaries will have to enable debit card transactions in US currency by Feb. 28, marking a key step in President Javier Milei's pledge to dollarize the economy....
UPDATE 1-Argentina central bank cuts benchmark interest rate to 32% Updates with detail from statement, inflation estimates, economic background Dec 5 (Reuters) - Argentina's central bank on Thursday cut its benchmark interest rate to 32% from a previous rate of 35%, as the South American nation fights to tame triple-digit inflation. The cut marks the eighth reduction to the key lending rate since libertarian President Javier Milei took office in December 2023. The central bank said in a stateme...