Search results
1 – 10 of 80
The outlook for provincial debt.
Despite exchange rate stabilisation in the last two months, the country risk premium had remained above 800 basis points since early April, reaching a peak of 1,008 on June 3…
Details
DOI: 10.1108/OXAN-DB244950
ISSN: 2633-304X
Keywords
Geographic
Topical
On March 12, Griesa rejected Citibank's petition that its Argentine branch be allowed to make an interest payment falling due on March 31 on dollar-denominated bonds issued under…
Faced with long-term fiscal imbalances, provincial governments took advantage of the reopening of global markets following Argentina's 2016 debt deal to finance their…
Despite its commitment to a floating exchange rate, the government has been forced to prioritise exchange rate stabilisation. After the change of Central Bank (BCRA) authorities…
Details
DOI: 10.1108/OXAN-DB235980
ISSN: 2633-304X
Keywords
Geographic
Topical
The government announced its sovereign debt restructuring proposal on April 16, including a three-year moratorium, and an average haircut of 62% on interest payments (equivalent…
The lifting of export taxes and the recession have already undermined the government's goal of reducing the fiscal deficit: in 2016 the primary deficit-to-GDP ratio will be even…
Details
DOI: 10.1108/OXAN-DB216585
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for Argentina in 2019.
Details
DOI: 10.1108/OXAN-DB239813
ISSN: 2633-304X
Keywords
Geographic
Topical
Driven by the currency run that saw a depreciation of 24.1% in just three weeks, the government has begun talks with the IMF in a bid to restore investor confidence. The peso run…
The surprisingly ample victory of opposition candidate Alberto Fernandez over President Mauricio Macri in the August 11 presidential primaries triggered a currency run and a sharp…