DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Javier Milei - 2 Milei - 2 dollarization - 1 Miel - 1 Morgan Stanley's - 1 Viktor Szabo - 1 Banks - 1 Banks Grupo Supervielle - 1
Top related locs:
BUENOS AIRES Argentina MERV London U.S Grupo Financiero Galicia China Brazil
Top related orgs:
Thomson - 2 Argentina - 1 Abrdn - 1 U.S . - 1 Banks Grupo - 1 Banco - 1 Banco BBVA Argentina - 1 Grupo Financiero - 1

Search resuls for: "Jorge Otaola Walter Bianchi"


3 mentions found


☆ Argentina's black market peso slides after Milei win; local equities soar
  + stars: | 2023-11-21 | by ( Marc Jones Jorge Otaola Walter Bianchi | Marc Jones | Jorge Otaola | ) www.reuters.com   time to read: +4 min
Milei's dollar plans, however, put pressure on the embattled peso currency, which is held in check by strict capital controls. The official exchange rate is near 350 per dollar, but dollars trade well over twice that in popular parallel markets. Milei said in the run-up to the election he wanted to ditch the peso altogether in favour of the dollar. Milei had also heavily criticised China and Brazil in the runup to the elections, two of Argentina's main trading partners. China said on Tuesday it would be a "serious mistake" if Milei opted to cut ties between the two countries.
Persons: dollarization, Javier Milei, Miel, Milei, Morgan Stanley's, Viktor Szabo, Banks, Banks Grupo Supervielle, Marc Jones, Elizabeth Howcroft, Mayur Kamdar, Karin Strohecker, Bernadette Baum, Emelia Organizations: Argentina, Abrdn, U.S ., Banks Grupo, Banco, Banco BBVA Argentina, Grupo Financiero, Thomson Locations: BUENOS AIRES, MERV, London, Argentina, U.S, Grupo Financiero Galicia, China, Brazil
☆ Argentina market analysts see silver lining in Peronist election win
  + stars: | 2023-10-23 | by ( Jorge Otaola Walter Bianchi | Jorge Otaola | Walter Bianchi | ) www.reuters.com   time to read: +4 min
Argentina's presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22, 2023. Bonds have also been slipping, while the stock market - seen as a relative safe haven for local investors - has been jittery. A local market operator, who asked not to be named, agreed there would likely not be a big market slide on Monday. "I believe the market will open downwards but there will be a floor at which there would be some demand," he said. Reporting by Jorge Otaola and Walter Bianchi; Editing by Adam Jourdan and Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Mariana Nedelcu, Javier Milei, Salvador Vielli, Vielli, Bonds, Patricia Bullrich, Roberto Geretto, Adcap, Milei, Jorge Otaola, Walter Bianchi, Adam Jourdan Organizations: REUTERS, Peronist Economy, Massa, Thomson Locations: Argentina, BUENOS AIRES, Milei
☆ Argentina central bank hikes interest rate to 81% after inflation overshoot
  + stars: | 2023-04-20 | by ( Eliana Raszewski Jorge Otaola Walter Bianchi | Eliana Raszewski | Jorge Otaola | ) www.reuters.com   time to read: +2 min
BUENOS AIRES, April 20 (Reuters) - Argentina's central bank hiked the benchmark interest rate a sharper-than-expected 300 basis points on Thursday after inflation soared past expectations in March to hit 104% on an annual basis, the monetary authority said in a statement. The bank hiked the benchmark rate 300 basis points in March, the first raise since September at the end of a vicious tightening cycle through most of 2022. The bank had wanted to cut rates this year on hopes inflation would cool. Reuters reported earlier this month that central bank board members were discussing another interest rate hike to rein in one of the world's highest inflation rates. A central bank poll forecasts inflation will end this year at 110%, while J.P. Morgan estimates it could hit 130%.
0 next >>
Total: 3