Argentina’s Treasury sold dollars Friday, people familiar with the matter said, looking to limit the decline of the peso on the first day that new rules allowing for larger swings kicked in.
Argentina’s Treasury sold dollars Friday, people familiar with the matter said, looking to limit the decline of the peso on the first day that new rules allowing for larger swings kicked in.
Workers enter the Central Bank of Argentina in Buenos Aires, Argentina, on Wednesday, Dec. 10, 2025. A local dollar bond sale planned for Wednesday may be a small step for Argentina's government at home, but a major move toward a potential return to international debt markets.
Argentine businesses and investors are paying a premium to stock up on dollars in a creative effort to sidestep President Javier Milei’s currency controls.
Argentine businesses and investors are paying a premium to stock up on dollars in a creative effort to sidestep President Javier Milei’s currency controls.
Pedestrians walk through Plaza de Mayo, near the Casa Rosada and the National Bank of Argentina in Buenos Aires, Argentina, on Wednesday, Dec. 10, 2025. A local dollar bond sale planned for Wednesday may be a small step for Argentina's government at home, but a major move toward a potential return to international debt markets.
Every morning at the Argentine central bank, traders on its foreign exchange desk start with a simple mission: Keep the peso from moving too far up or down.
Every morning at the Argentine central bank, traders on its foreign exchange desk start with a simple mission: Keep the peso from moving too far up or down.
An Argentine peso banknote in front of a currency exchange house in Buenos Aires. Photographer: Tomas Cuesta/Bloomberg
Argentina moved closer to a return to international debt markets by addressing two key issues that have concerned investors: an overvalued peso and a shortage of hard-currency reserves.
Argentina moved closer to a return to international debt markets by addressing two key issues that have concerned investors: an overvalued peso and a shortage of hard-currency reserves.
A bond sale planned for Wednesday may be a small step for Argentina’s government at home, but a major move toward a potential return to international debt markets.
A bond sale planned for Wednesday may be a small step for Argentina’s government at home, but a major move toward a potential return to international debt markets.
A worker walks in to the Economy Ministry building in Buenos Aires on Dec. 10.
Despite a chorus of calls from investors, Argentine President Javier Milei and his advisers are hesitant to rapidly build reserves, let the peso float and relax currency controls.
Despite a chorus of calls from investors, Argentine President Javier Milei and his advisers are hesitant to rapidly build reserves, let the peso float and relax currency controls.
The Central Bank of Argentina in Buenos Aires, Argentina, on Monday, April 14, 2025. Argentina reached a $20 billion agreement with the International Monetary Fund after President Javier Milei made sweeping changes to ease the nation's currency controls in a landmark moment for his government. Photographer: Erica Canepa/Bloomberg