Weekly

Last week the official exchange rate began to slide down relative to US dollar, after remained anchored at AR$ 8.0 since late March. It depreciated a few cents, to AR$ 8.10 last Thursday, and then fluctuated slightly to the current AR$ 8.08. The Central Bank seems willing to put an end to a period that some called...

The slowdown in economic activity generated by the devaluation and higher inflation in Q1 is beginning to show results. After accumulating a US$ 21 billion contraction over the past 24 months, the Central Bank once again accumulated reserves in April, favored also by the start of the agricultural harvest liquidation...

A series of factors improved the prospects for the amount of foreign currency obtained from agricultural exports and of revenues from export taxes this year. First off, the 2014 harvest will be greater than initially expected. Second, agricultural international prices are currently higher than expected. Finally, the...

A few days ago, in a very brief statement, the INDEC informed the values of GDP in 2012 and 2013 at 2004 prices, the new base year that replaced the previous 1993 base. Many of its results, such as the higher incidence of goods in detriment of services, have already been commented. We expect more details to be publi...