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Hugh Bronstein

UPDATE 3-Argentina peso snaps three-day rally with more losses expected

04 Oct 2018

BUENOS AIRES, Oct 4 Argentina's peso fell on Thursday, pressured by the recession-hit country's dismal inflation outlook and higher U.S. interest rates that have pushed capital away from riskier emerging markets and toward the greenback, local traders said.

UPDATE 2-Argentine peso rises on optimism over IMF deal, challenges remain

21 Sep 2018

BUENOS AIRES, Sept 21 Argentina's peso strengthened for the third straight day on Friday, driven by optimism that the government would sign a revised financing deal with the International Monetary Fund to include stricter fiscal measures and faster cash disbursements.

Argentina peso rises as IMF sees progress and Macri submits budget bill

17 Sep 2018

BUENOS AIRES Argentina's battered peso currency inched higher and the risk of its bonds defaulting declined on Monday after the government unveiled its budget plan and the IMF said "important progress" had been made on revamping the country's standby loan agreement.

Argentine austerity protests mount over Macri's IMF-backed measures

12 Sep 2018

BUENOS AIRES Labor unions and social groups blocked streets in downtown Buenos Aires on Wednesday to protest austerity measures proposed by the government and backed by the International Monetary Fund to reduce Argentina's debt.

Crisis-hit Argentina hopes for improved IMF deal this month

05 Sep 2018

WASHINGTON/BUENOS AIRES Argentina's government said on Tuesday it hoped the International Monetary Fund would agree in the second half of September to a deal giving the country more financial support as it seeks to escape a deepening economic crisis. | Video

Argentina starts talks with IMF to speed up standby loan

04 Sep 2018

BUENOS AIRES, Sept 4 Argentine officials were in Washington on Tuesday for crunch talks with the International Monetary Fund about accelerating cash disbursements under a $50 billion standby deal aimed at shoring up confidence in the country's ailing finances.

RPT-UPDATE 1-Argentine farmers seen delaying wheat sales under new tax regime

04 Sep 2018

BUENOS AIRES, Sept 3 Argentine farmers may delay wheat sales and plant less corn this year after the government announced a roughly 10 percent export tax on the grains on Monday as part of an austerity program designed to halt a run on the peso currency, growers and consultants said.

UPDATE 1-Argentine farmers seen delaying wheat sales under new tax regime

03 Sep 2018

BUENOS AIRES, Sept 3 Argentine farmers may delay wheat sales and plant less corn this year after the government announced a roughly 10 percent export tax on the grains on Monday as part of an austerity program designed to halt a run on the peso currency, growers and consultants said.

Argentina to announce new economic measures after peso freefall

31 Aug 2018

BUENOS AIRES Argentina's peso lost as much as nearly one-fifth of its value on Thursday despite the central bank's hiking its benchmark interest rate to a dizzying 60 percent as investors panicked over President Mauricio Macri's handling of an economic crisis. | Video

IMF studying Argentina request for early help as peso crashes

30 Aug 2018

BUENOS AIRES The International Monetary Fund said it was studying a request from Argentina to speed up disbursement of a $50 billion loan program after a collapse in investor confidence in President Mauricio Macri's government sent the peso tumbling more than 7 percent on Wednesday. | Video

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