President Javier Milei is trying to tackle Argentina’s longstanding lack of home mortgages in a bid to turn around a construction sector that’s losing jobs before his reelection bid next year.
President Javier Milei is trying to tackle Argentina’s longstanding lack of home mortgages in a bid to turn around a construction sector that’s losing jobs before his reelection bid next year.
An incipient decline in the Argentine peso is gaining momentum, as investors grow more risk averse and policymakers in Buenos Aires loosen their grip on the volatile currency.
An incipient decline in the Argentine peso is gaining momentum, as investors grow more risk averse and policymakers in Buenos Aires loosen their grip on the volatile currency.
The Argentine Peso has declined the most over the past two months since an October selloff before the country’s midterm elections.
A wave of dollars flowing into Argentina is giving President Javier Milei room to let the peso trade more freely, as the central bank’s once depleted foreign reserves have hit the highest level since 2019.
A wave of dollars flowing into Argentina is giving President Javier Milei room to let the peso trade more freely, as the central bank’s once depleted foreign reserves have hit the highest level since 2019.
There are, by all appearances, more than enough dollars flowing into Argentina for the country to fulfill its pledge to replenish its depleted foreign reserves. Each week, they pour in, the result of factors such as a boom in commodity exports and corporate bond sales.
There are, by all appearances, more than enough dollars flowing into Argentina for the country to fulfill its pledge to replenish its depleted foreign reserves. Each week, they pour in, the result of factors such as a boom in commodity exports and corporate bond sales.
The Central Bank of Argentina in Buenos Aires. Photographer: Sarah Pabst/Bloomberg
A sharp rise in household delinquencies is shaking Argentina’s banks and fintech firms, presenting another challenge to President Javier Milei’s ambitious economic overhaul.
A sharp rise in household delinquencies is shaking Argentina’s banks and fintech firms, presenting another challenge to President Javier Milei’s ambitious economic overhaul.
The Uala app on a smartphone in Buenos Aires. Photographer: Sarah Pabst/Bloomberg
President Javier Milei and leading experts are at odds over whether Argentina’s economy has recovered from a recent wobble, highlighting the challenges involved in gauging whether the reformer’s shock therapy policies are working as intended.
President Javier Milei and leading experts are at odds over whether Argentina’s economy has recovered from a recent wobble, highlighting the challenges involved in gauging whether the reformer’s shock therapy policies are working as intended.
Javier Milei speaks during an opening session of the National Congress in Buenos Aires, on March 1. Photographer: Anita Pouchard Serra/Bloomberg
Argentina is beginning to receive a flood of hard currency that analysts see around $30 billion over the next six months, giving President Javier Milei his best chance to build up international reserves.
Argentina is beginning to receive a flood of hard currency that analysts see around $30 billion over the next six months, giving President Javier Milei his best chance to build up international reserves.
Grains are loaded onto a ship in the Argentine agricultural hub of Rosario, on May 16, 2025. Photographer: Sebastian Lopez Brach/Bloomberg
Argentina’s government issued new rules for investors moving money out of the country after increased use of the parallel foreign-exchange market drove the cost of such trades to its highest in a year.
Argentina’s government issued new rules for investors moving money out of the country after increased use of the parallel foreign-exchange market drove the cost of such trades to its highest in a year.
A currency exchange house in Buenos Aires. Photographer: Tomas Cuesta/Bloomberg
Empresarios latinoamericanos llegan en masa, elegantes torres se elevan sobre la antes adormecida capital y su presidente conservador estrecha vínculos con EE.UU.
Empresarios latinoamericanos llegan en masa, elegantes torres se elevan sobre la antes adormecida capital y su presidente conservador estrecha vínculos con EE.UU.
Sunset view of Shopping del Sol from the terrace of the Sheraton Hotel in the new corporate district of Asunción, Paraguay, on Friday, February 27, 2026. Credit: Santi Carneri / Bloomberg
Entrepreneurs flock to Paraguay from across the region as sleek towers rise above the once-sleepy capital and its conservative president cozies up to the US.
Entrepreneurs flock to Paraguay from across the region as sleek towers rise above the once-sleepy capital and its conservative president cozies up to the US.
Construction cranes are seen behind the Shopping del Sol mall, right, in the financial district of Asunción.
Carlos Carvallo faces a challenge most central bankers would envy. Inflation is a touch too low in Paraguay and the monetary authority’s chairman is starting to cut rates in an effort to boost prices.
Carlos Carvallo faces a challenge most central bankers would envy. Inflation is a touch too low in Paraguay and the monetary authority’s chairman is starting to cut rates in an effort to boost prices.
Carlos Carvallo in Asunción, on Feb. 27. Photographer: Santi Carneri/Bloomberg
President Javier Milei is looking to sweep aside one of Argentina’s biggest financial taboos: offering dollar loans to people and companies that don’t earn in dollars.
President Javier Milei is looking to sweep aside one of Argentina’s biggest financial taboos: offering dollar loans to people and companies that don’t earn in dollars.
US cash is counted at a currency exchange house in Buenos Aires. Photographer: Anita Pouchard Serra/Bloomberg
Having lost more of its value than any other major currency in the world this century, the Argentine peso has long been seen as far too unstable to lure carry-trade investors. But in a sign of just how much President Javier Milei has regained the market’s confidence in the wake of his party’s midterm-election victory, evidence is mounting that those investors are starting to pile into the peso.
Having lost more of its value than any other major currency in the world this century, the Argentine peso has long been seen as far too unstable to lure carry-trade investors. But in a sign of just how much President Javier Milei has regained the market’s confidence in the wake of his party’s midterm-election victory, evidence is mounting that those investors are starting to pile into the peso.
Javier Milei, Argentina's president, arrives at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23.
Even after easing Argentina’s tight grip on its currency, President Javier Milei is sticking with a core approach: Intervene, manage and prop up the peso, in an effort to keep inflation down.
Even after easing Argentina’s tight grip on its currency, President Javier Milei is sticking with a core approach: Intervene, manage and prop up the peso, in an effort to keep inflation down.
Argentina has fully repaid the $2.5 billion it drew down from a $20 billion swap line with the Trump administration while also making key payments to bondholders.
Argentina has fully repaid the $2.5 billion it drew down from a $20 billion swap line with the Trump administration while also making key payments to bondholders.
Treasury Secretary Scott Bessent Photographer: Yuri Gripas/Abaca/Bloomberg