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Tag: bank

The Central Bank only bought $1 million for its reserves, despite the soybean dollar

The central bank bought this Tuesday just $1 million in the foreign exchange market in one day with a reduced settlement of the soybean...

To get out of high inflation it will be necessary to reform the statute of the Central Bank

With inflation consolidated above 100%, it is clear that Argentina needs to start a path towards price stability. It's fanciful to expect that...

The shocking video of the shooting by a bank employee in Louisville

The images are terrifying. This is not a video game but real life. It's about 5 minutes into Corey Galloway and Nickolas Wilt...

The Central Bank managed to break a streak of 23 rounds of selling and ended the day with $2 million in favor

As field producers are finalizing whether to start liquidating their crops under the $3 soybean mark, the Central Bank managed on Tuesday to break...

For Soybean Dollar, Central Bank Must Issue $1 Trillion To Buy Currency At $300

The plan to temporarily halt the drain on reserves without devaluing the official dollar will leave some injured along the way. And everything...

Violence in the United States: at least 5 dead after a shooting in a Louisville bank

Kentucky police said a Louisville bank shooting left a balance of at least 5 dead and 6 injured. According to official sources, the...

They have seen a niche in the gaming world and are preparing to become a “Neo Bank”

When Facundo Corsi started his business in the tech sector more than seven years ago, he didn't imagine that he would end up engaging...

Central Bank inflation survey worsened: now expect 110% for all of 2023

While official March inflation will be known in the coming days, analysts who fed their forecasts into the Central Bank's Survey of Market Expectations...

An American bank is already talking about a 40% devaluation of the peso after the October elections in Argentina

In the latest Latinfocus, a report compiling international banks' forecasts on countries, analysts counted for December an official dollar of $347.5against the current $210....

Companies importing from China try to activate the central bank’s yuan window

The Central Bank is studying to activate the counter through which it receives pesos from a local importer and in exchange free yuan so...

Cash on hand rose to $410 and the Central Bank sold another $49 million

The cash dollar, the way companies use to be dollarized, jumped four pesos this Tuesday and reached $409.9. It is the highest nominal price...

The World Bank is more pessimistic about Argentina than the IMF: it expects 0% growth for this year

Although the latest IMF "staff report" maintained its growth expectations for the Argentine economy at 2% for this yearthe World Bank -which had shared...