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Walter Bianchi

UPDATE 4-Argentina unveils new measures to shield peso as inflation quickens

16 Apr 2019

BUENOS AIRES, April 16 Argentina's inflation rate accelerated for the third straight month in March, the government statistics agency said on Tuesday, prompting the central bank to unveil fresh measures to temper raging inflation and protect the embattled peso currency.

UPDATE 3-Argentina's peso rebounds on central bank measure to boost deposits

28 Mar 2019

BUENOS AIRES, March 28 Argentina's peso strengthened on Thursday, buoyed by central bank moves to encourage more domestic deposits, snapping a recent plunge that has seen the currency trade at its weakest ever level against the dollar.

UPDATE 2-Argentina's leaders face growth conundrum after 2018 contraction

21 Mar 2019

* Unemployment rate flat at around 9 pct (Adds unemployment numbers, analyst comment)

Argentina's billion-dollar buying spree reins in peso, rates

19 Feb 2019

BUENOS AIRES Argentina's central bank, looking to rein in a stronger peso, has snapped up close to 1 billion U.S. dollars in the last month, helping trim back sky-high interest rates and top up dollar reserves that could combat economic and political uncertainty as an election fight starts to brew.

UPDATE 2-Argentina central bank ups dollar buying to $75 mln to rein in peso

04 Feb 2019

BUENOS AIRES, Feb 4 Argentina's central bank bought a total $75 million in the foreign exchange market on Monday, a spokesman for the bank told Reuters, as the monetary authority used a higher intervention limit in a bid to rein in the local peso currency.

Argentina central bank removes rate floor, but still on guard on peso

05 Dec 2018

BUENOS AIRES Argentina's central bank on Wednesday removed the 60 percent floor on its benchmark interest rate, paving the way for it to reduce one of the highest borrowing rates in the world, which has strangled growth in Latin America's third-biggest economy.

UPDATE 3-Argentina chips away at debt with high-interest Lebac sale

17 Oct 2018

BUENOS AIRES, Oct 16 Argentina's central bank issued a fresh batch of publicly-traded, short-term notes on Tuesday in an bid to chip away at its year-end repayment obligations, which have contributed to concerns over the country's ability to service its international debt obligations in 2019.

UPDATE 3-Argentine stocks rise on Brazilian election result, peso stronger

08 Oct 2018

BUENOS AIRES, Oct 8 Argentina's peso continued to rally on Monday while the country's stock market rose on the results of Brazil's presidential election, in which far-right candidate Jair Bolsonaro nearly clinched the presidency in a first-round win.

Argentina peso gains as short-term interest rates climb

06 Oct 2018

BUENOS AIRES Argentina's peso ended the week stronger while interest rates on short-term central bank notes crept higher, sopping up pesos in the foreign exchange market that might otherwise have scrambled toward safe-haven U.S. dollars. | Video

UPDATE 3-High-interest debt issuance boosts Argentina's peso for third day

03 Oct 2018

BUENOS AIRES, Oct 3 Argentina's peso rallied for a third straight day on Wednesday, after high-interest short-term debt issued by the central bank soaked up liquidity, a strategy that has raised concern about the sustainability of the country's program.

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