Argentina

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Illustration depicting the decline of Argentina's dollar blue to $1,415 amid high country risk, showing worried traders in Buenos Aires.
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Dollar blue closed lower at $1.415 on Friday March 27

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Argentina's dollar blue closed on Friday March 27 at $1.395 for purchase and $1.415 for sale, down $10 during the day. Other financial dollar types hovered around $1.470. Country risk stood at 6,105 basis points.

Army chief General Oscar Santiago Zarich ordered the administrative discharge of 34 soldiers with firm convictions for crimes against humanity from the dictatorship era. The decision, prompted by the Procuraduría de Investigaciones Administrativas, results in the loss of benefits such as retirements and pensions. It emerged during the week marking the 50th anniversary of the 1976 coup.

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Following the U.S. appeals court's recent annulment of a $16 billion YPF expropriation ruling, Argentina gains partial relief from international litigation pressures. However, claims exceeding US$10 billion persist in cases involving debt, GDP-linked bonds, holdouts, Aerolíneas Argentinas, and related matters, amid reported government infighting.

Argentina coach Lionel Scaloni named Lionel Messi among the substitutes for the international friendly against Mauritania at La Bombonera in Buenos Aires. The World Cup holders arranged the match hastily after the planned Finalissima against Spain was cancelled due to Middle East conflict and a fixture with Guatemala fell through over FIFA rules. Julian Alvarez starts up front as Lautaro Martinez nurses a minor injury.

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A report from Argentina's Observatorio de la Cadena Láctea Argentina warns that China, the world's top dairy buyer, has reduced import volumes by up to 16.5% at the start of 2026. Prices in dollars are cushioning the decline while domestic production rises.

Argentine driver Franco Colapinto participated in the first two free practice sessions for the Formula 1 Japanese Grand Prix at Suzuka Circuit. The sessions began Thursday at 23:30 Argentina time, with the second following at 3:00 Friday, available on Disney+ and Fox Sports. Alpine rolled out winglet improvements on his car for the weekend.

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Argentina's Central Bank (BCRA) decided to cut bank reserve requirements by five percentage points starting in April, freeing up liquidity for banks to issue more loans amid recession. Led by Santiago Bausili, the move aims to revive economic activity without derailing inflation control. Analysts note the shift to a more expansionary policy after months of monetary contraction.

 

 

 

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