Wall Street wants to know the next steps of the economic plan: reserves, activity, and what will happen with the debt
Wall Street is seeking clarity on Argentina's economic plan, particularly regarding debt management and reserve purchases, amidst a more favorable climate for emerging markets.
The Central Bank has already purchased US$1.255 billion this month, but will use 80% to pay the Bopreal
Argentina's Central Bank has accelerated dollar purchases amidst attempts to stabilize the currency's value while managing upcoming debt obligations.
The great dilemma of Kevin Warsh, the 'hawk' who has the Fed's debt purchases in his sights
Kevin Warsh's nomination to the Federal Reserve could lead to a shift in monetary policy favoring less conventional approaches and a reduction in the central bank's balance sheet.
With the dollar calm due to carry trade, BCRA's purchases in January went to debt payments and did not strengthen reserves
The financial strategy maintained exchange rate stability, but the lack of external refinancing meant that foreign currency income did not improve international reserves.
"Buy European" Clause for Ukraine – How Risky Is Brussels' Plan B
Brussels is planning to offer Ukraine a €90 billion loan for weapons purchases, financed through joint debt, which may lead to conflicts among EU states and with Americans.