Argentina central bank hikes key rate to 133% as inflation worsens
The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian/File Photo Acquire Licensing Rights...
Argentina inflation hits 124% as cost-of-living crisis sharpens
BUENOS AIRES, Sept 13 (Reuters) – Argentina’s annual inflation rate shot up to 124.4% in August and hit its highest level since 1991, stoking a...
As inflation soars, Argentines say they’ve seen this film before
[1/4]A man pleads with riot police during protests against the Supreme Court and its backing of banking curbs, in Buenos Aires, Argentina January 10, 2002....
Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows
BUENOS AIRES, April 21 (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the run up to October’s presidential vote...
Argentine peso hits record low in black market as economy creaks
BUENOS AIRES, April 20 (Reuters) – Argentina’s peso currency sank in widely used parallel markets on Thursday, hitting a record low against the U.S. dollar...
‘Zero capacity to save’: Argentines buckle as inflation tops 104%
BUENOS AIRES, April 14 (Reuters) – Argentina’s annual inflation rate soared to 104.3% in March, the official statistics agency said on Friday, one of the...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
Argentine savers ‘drown’ under spiraling prices as inflation hits 99%
BUENOS AIRES, Feb 14 (Reuters) – Argentina’s inflation rate has hit just shy of 100%, the government said on Tuesday, with savers feeling more pain...
Nomura warns seven emerging economies face currency crisis danger
LONDON, Nov 22 (Reuters) – Nomura has warned that seven countries – Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan and Hungary – are now...
Central banks ease off on rate hike push in October
LONDON, Nov 2 (Reuters) – The pace and scale of rate hikes delivered by central banks around the globe in October slowed down dramatically following...