Financial Regulatory Forum

Argentine Central Bank standoff shifts to Congress

January 26, 2010

By Helen Popper

BUENOS AIRES, Jan 26 (Reuters) – An Argentine congressional commission summoned top economic officials on Tuesday as it debates the president’s firing of the central bank chief in a row over using foreign reserves to pay debt.

ANALYSIS-Argentina standoff sharpens Brazil central bank debate

January 19, 2010

By Ana Nicolaci da Costa

BRASILIA, Jan 19 (Reuters) – A standoff between Argentina’s government and central bank has sharpened debate in neighboring Brazil over the need for Congress to pass a bill making the country’s central bank formally independent.

EXCLUSIVE – Argentina eyes late Jan, Feb debt swap

January 15, 2010

By Kevin Gray and Luis Andres Henao

BUENOS AIRES, Jan 14 (Reuters) – Argentina is working to launch an exchange of $20 billion in defaulted debt by the end of January or early February despite a political battle over foreign reserves that has roiled markets, the finance secretary told Reuters on Thursday.

Argentine battle over central bank reserves deepens

January 9, 2010

By Helen Popper

BUENOS AIRES, Jan 8 (Reuters) – An Argentine judge blocked the president’s plan to use Central Bank reserves to pay public debt and ordered the bank chief’s reinstatement on Friday, deepening a dispute that has rattled financial markets.

Argentina gives economics ministry more say on statistics

July 22, 2009

Argentine Economy Minister Amado Boudou BUENOS AIRES, July 21 (Reuters) – Argentina’s economy ministry will have increased control over the national statistics agency, the government said on Tuesday in a bid to restore credibility to the country’s consumer price data.
But Economy Minister Amado Boudou told reporters he is not planning to replace the current price index, which the government is accused of massaging for political gain to save money on debt payments. (more…)