Monthly

The current economic situation raises two important questions. Firstly, can the government continue to muddle through until the October elections as it did in recent months? In other words, can it keep inflation under control, avoid a new acceleration of the parallel exchange rates and maintain the current growth mo...

What a difference a month can make: The game changer has been the rapid and significant increase in the price of soybean, which now stands at around 506 dollars a ton, roughly 50% higher than a year ago.  This jump in the price has suddenly soothed the concerns about a continuous drop in reserves and about a st...

The change of guard in the United States is unlikely to change significantly foreign policy towards Argentina. We do not expect softening policies in the IMF as a result. There could be some benefit from a weaker dollar and therefore a rise in the price of commodities. Soybeans have surged in the last months and are...

On the back of the debt exchange the government had an opportunity to jumpstart the economy. But Argentina is the country that never misses an opportunity to miss an opportunity. The government was expecting that the deal would be a turning point, which in turn would help to reduce the spread with the blue-chip swap...