BUENOS AIRES The Argentine Navy submarine that went missing a year ago off the country's Atlantic Coast was found by a private company involved in what had been a massive search for the vessel and its 44-member crew, the defense ministry said in a news conference on Saturday. | Video
BUENOS AIRES, Oct 23 Argentina's peso slipped on
Tuesday, a day after the central bank's new governor reassured
the public that its approach to taming the country's rocky
economy would be sustainable over the medium term.
BUENOS AIRES Argentina's peso ended the week stronger while interest rates on short-term central bank notes crept higher, sopping up pesos in the foreign exchange market that might otherwise have scrambled toward safe-haven U.S. dollars. | Video
BUENOS AIRES, Oct 2 The Argentine peso rallied
for a second straight day on Tuesday after the central bank
issued another round of short-term bonds with high interest
rates aimed at mopping up liquidity in the thin foreign exchange
market, traders said.
BUENOS AIRES Argentina's central bank governor unexpectedly resigned on Tuesday in the midst of negotiations with the International Monetary Fund, upsetting President Mauricio Macri's efforts to restore investor confidence and sending the peso sliding. | Video
BUENOS AIRES Shops across Argentina were shuttered and the streets in the capital, Buenos Aires, were quiet on Tuesday after the country's largest union called a 24-hour strike to protest President Mauricio Macri's handling of the economy, which has been racked by runaway inflation.
BUENOS AIRES, Sept 21 Argentina's peso
strengthened for the third straight day on Friday, driven by
optimism that the government would sign a revised financing deal
with the International Monetary Fund to include stricter fiscal
measures and faster cash disbursements.
BUENOS AIRES, Sept 20 The Argentine peso closed
2.9 percent stronger on Thursday, reflecting investor optimism
that the recession-hit country will strike a new standby
financing agreement with the International Monetary Fund aimed
at guaranteeing government solvency.
BUENOS AIRES Argentina's peso currency fell 3.51 percent to close at a new record low of 39.9 per U.S. dollar on Thursday, as market confidence ebbs away in Latin America's no.3 economy despite President Mauricio Macri's efforts to reassure investors.
BUENOS AIRES, Sept 11 Argentina will maintain
its benchmark interest rate at 60 percent until at least
December, the central bank said on Tuesday, adding that it would
take any measures necessary to control inflation and assure the
country will continue meeting its debt obligations.