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Farms in Argentina continue to underpin the countries economic recovery with an expected USD 3 billion of sales before March 2019

This is the calculation for the remainder of the soybean and corn harvest, as well as the exports of the new seasons wheat. Despite some flooding, it shows the hope of a super harvest is now likely to be realised. The wheat harvest already over two million tonnes. Despite…

Argentina: A Perfect Storm Creates A Buying Opportunity

2018 has been a tumultuous year for Argentina. From one of the most severe droughts the country has experienced in decades to the collapse of the peso and equity markets, to a $50 billion IMF bailout, a series of investor storms have hit Argentina and prompted investors to run for shelter. But while these economic setbacks have caused damage,…

Argentina has opened up a range of sectors: New Multi-layered investment options

image of Doing business in Argentina
HEADING UP Argentina’s reforms are pushing the economy in the right direction When Mauricio Macri came to power in late 2015 and promised to fix Argentina’s distorted economy it caught the world’s attention. In the LatAm INVESTOR Argentina Report published in Q2 2016, they described how closed sectors were being…

Argentina Economy turns with the first trade surplus since December 2016

September’s trade balance improvement was driven by significant declines in imports of capital and consumer goods, as well as a more competitive peso currency Argentina had a trade surplus of US$ 314 million in September, official statistics agency Indec said on Tuesday, the first since December 2016 and an early sign the…

Templeton Funds: “Argentina suffered a speculative attack but is now recovering”

The head of the largest investment fund in Argentina attributed the dollar crisis to misinformation in the financial markets. One of the biggest investors in Argentina said that the financial crisis is ending, and he blamed the chaos that hit the market this summer a “massive speculative attack” and the exaggerated…

Argentina’s huge wheat harvest should boost its struggling currency

Argentina’s plummeting currency ( AR Peso ) is set for buffering from bumper wheat crops as it becomes one of the few countries to emerge from a 2018 harvest with a sizeable yield. Several top producers from around the world, including Australia, the US, and much of Europe, have struggled to deliver high yields in the face of…

Argentina’s Currency Collapse

Last Wednesday (29th August) the Argentine peso lost over 7% against the US dollar. Thursday it lost another 12.5%. It’s been cut in half over the past year. In dollar terms, the MSCI Argentina index is down 57% since it’s January top. But it’s still not a bargain, given the high inflation rate and political uncertainties. Back in June 2017 – partly due to investors…

Bumper wheat harvest should ignite Argentina economy

August 10, 2018
Uncategorized
A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought. Farmers are rushing to plant wheat in the moist conditions left by rainstorms that helped destroy…

Latam Investor Q3 2018 Report

With 80% of the region’s population going to the polls in 2018, this year was always going to be seminal for Latin America. With elections in Chile, Mexico and Colombia already completed we can now see some outlines appearing on the political map of Latin America for the next few years. Meanwhile, with commodity prices from copper to oil moving upwards, the economic…

Argentina’s Stock Market gives a vote of confidence in the economies future

The upgrade from a Frontier Economy to a Emerging one means funds that track the emerging markets index will now be able to invest in foreign-listed shares of Argentine companies. The Global X MSCI Argentina exchange-traded fund, which is composed of that index, was up 1.7% at $28.96 as of 5:20 p.m. local time (2020 GMT).…

Argentina Wins Upgrade to Emerging Status after nine long years

Argentina won promotion to emerging-market status for the first time in almost a decade, rewarding President Mauricio Macri for his efforts to scrap capital controls and normalize the economy after taking over in 2015 following years of mismanagement. The decision by MSCI Inc., which dropped Argentina to frontier status in 2009, may set…

💰 Should Investors worry about Argentina’s Dollar Crisis?

The late MIT economist Rüdiger Dornbusch used to tell his students in the 1980s that there are four kinds of countries: rich, poor, Japan, and Argentina. No one frets anymore about Japan buying its way to world domination. But the world is worrying again about Argentina. The country has just suffered another textbook attack on its currency. On April 24, the…

Argentina: Sentiment on Argentina is running hot

Sentiment on Argentina is running hot. Really hot. Unfortunately for the optimists, sentiment isn’t the only thing running hot in Argentina. The country is experiencing its worst drought in 30 years – an event that is already causing GDP estimates for this year to get dinged. More on that in a second. But first, let’s look at the…

5 Great Reasons to Do Business in Argentina

As Argentina re-enters the global market, investor interest has surged by people wanting to do business there. The emerging economy has taken great leaps towards reducing their well-known economic problems. There have been numerous government initiatives aimed at improving the economic state of the country and encouraging foreign participation. Some of these government-led…

Argentina: Latin America’s Third-Largest Economy

Argentina is a Republic (similar but not the same Constitution to the USA) with 23 provinces and the autonomous city of Buenos Aires ( locally known Capital Federal), being its capital. Buenos Aires has a population size of 3.89 million and a metropolitan population of around 17 million, making it the largest city in the Argentina and fourth largest…