Jorge Otaola

Argentina Reuters Economía Jorge Otaola

Argentine peso strengthens on optimism over IMF talks

The Argentine peso rose 3.2 percent on Thursday, and investors cited optimism that the recession-hit country will strike a new standby financing agreement with the International Monetary Fund aimed at guaranteeing government solvency.
Argentina The Australian Financial Review - Australia Economía Jorge Otaola

Argentina's peso closes at fresh record low

Argentina's peso currency fell 3.5 per cent to close at a new record low of 39.9 per US dollar, as market confidence ebbs away in Latin America's third largest economy despite President Mauricio Macri's efforts to reassure investors.
Argentina Reuters Economía Jorge Otaola

Argentina central bank hikes reserve requirements, eyes China swap

Argentina’s central bank said on Thursday it hiked reserve requirements by 3 percentage points for the country’s largest banks, as it tries to keep its plan for reducing short-term debt from adding to already high inflation.
Argentina Reuters Economía Jorge Otaola

Argentina peso closes higher but inflation soars to 25.5 percent

BUENOS AIRES (Reuters) - Argentina’s peso snapped its losing streak on Tuesday, closing 3.73 percent stronger at 24.10 per U.S. dollar after the central bank sold reserves but before the government reported 12-month inflation at a dizzying 25.5 percent.
Argentina Reuters Economía Jorge Otaola

Argentina seeks financing deal with IMF to address peso volatility

08/05/18 - 13:35 - BUENOS AIRES (Reuters) - Argentina is seeking a financing deal with the International Monetary fund to address recent market volatility punctuated by the local peso plumbing new lows and the central bank jacking interest rates up to 40 percent, the president said on Tuesday.
Sr. Canciller Reuters Mercosur Jorge Otaola

Mercosur urges end to violence in Venezuela's 'humanitarian crisis'

The members of South America's Mercosur trade bloc called for an end to violence in Venezuela in a joint statement on Friday, while Brazil and Argentina expressed wariness about following the United States in preparing possible economic sanctions. Brazilian Foreign Minister Aloysio Nunes and Argentine Foreign Minister Jorge Faurie told reporters Mercosur countries were hesitant to follow suit.
Sr. Canciller Exame - Brasil Mercosur Jorge Otaola

Mercosul busca acelerar aproximação com Aliança do Pacífico e UE

Após anos de isolamento, os líderes do Mercosul estão fazendo esforços para fechar acordos comerciais com outros blocos e países es un sitio web oficial del Gobierno Argentino