June leaves with an unfavorable balance for Argentine assets, and the dollar accelerated its march
The Argentine assets closed June with most declines on Wall Street, with the majority of stocks and bonds posting negative performance this Tuesday. The risk country remained below 430 basis points, while the peso continued to weaken against the dollar, recording its largest monthly increase in nearly a year. Internationally, major U.S. indices showed a slight upward trend, with the second quarter shaping up as the best for the S&P 500 in six years and the Euro Stoxx achieving its best result in five years. The dollar rose alongside the yen falling to its lowest level since 1986. Argentine American Depositary Receipts (ADRs) ended mixed in a volatile day, with gains of up to 1% and losses of up to 2.8%. Companies like Edenor, Grupo Financiero Galicia, and Central Puerto saw significant drops, while Telecom led the gains. Over the month, stocks fell by up to 15.6%, led by state oil company YPF, followed by Telecom and Ternium, while banks mostly rose, with BBVA leading. Locally, the S&P Merval dropped 0.3% to 3,168,607.38 units, but in dollars it fell 0.4% to 2,034.13 points. The peso declined more sharply, losing 4.4% in foreign currency and 0.7% in pesos. Energy stocks were among
Argentina's tax collection in June reached $20.017 billion, marking an annual increase of 23.7% according to data released by the Agency for Tax Collection and Customs Control (ARCA). However, this growth was below the estimated inflation rate of 33% based on private projections. The decline in tax revenue was attributed to lower income related to foreign trade. Specifically, the last month of the reduced export duties under Decree 38/2025 led to higher comparison figures, while lower rates applied to soybeans, wheat, and corn further impacted the numbers. Additionally, the decrease in importation rates due to high previous year growth also played a role. Another factor was the special deadline set for the submission and payment of the balance of the declaration of personal gains and assets for the 2025 fiscal period, which moved to July 2026.
The breakdown of tax collections showed significant variations across different categories. The Net Value Added Tax (IVA Neto) collected $6.549 billion, increasing by 28.2% annually. The IVA Impositivo rose by 28.1%, while the IVA Aduanero had a variation of 26.6%. The Income Tax saw a 11.3% increase, collecting $3.211 billion. Contributions to Social Security increased by 29.6%, reaching $4.589 billion. Export Duties dropped by 27.8%, yielding $881 million, whereas Import Duties and others increased by 13.8%, bringing in $545 million. Personal Property Taxes rose by 46.2%, totaling $1.709 billion, and Fuel Taxes surged by 70.4%, amounting to $674 million.
According to calculations by Nadin Argañaraz, president of the Argentine Institute of Fiscal Analysis (IARAF), the real annual decline in national tax collection would have been 7.4%. The most affected were Export Duties, which fell by 45.9% in real terms. The main tax, the Net VAT after refunds and rebates, experienced a 4.0% real decline compared to June 2025. Social security contributions, the second most important tax, declined by 2.9% in real terms. Factors contributing to these declines included real wage levels and employment statistics. Taxes showing real increases were Fuel Taxes (27.6%) and Personal Property Taxes (9.5%). For the first half of 2026, the overall national tax collection would have decreased by 5.3% in real terms, excluding taxes tied to international trade, the decline would have been 3.6%.
Economist Roberto Cachanosky expressed doubts about the sustainability of some of the government’s key economic indicators. He noted that while inflation has decreased, its sustainability remains questionable, especially regarding how the exchange rate is being managed. He pointed out that the economy is divided into two parts: approximately 17% of sectors are doing well, while 54%—including commerce, industry, and construction—are struggling or barely surviving. Although aggregate economic indicators show growth, Cachanosky emphasized that this does not reflect the reality for most sectors, comparing it to someone with their head in the freezer and feet on the stove. He also highlighted that the sectors experiencing growth are not the primary job creators, while those in trouble are the ones that require more labor. He noted the rise in informal employment but warned that such jobs lack benefits like health insurance or pensions.
On July 3, 2026, the unofficial euro (blue dollar) was trading at $1,778.75 for purchase and $1,817.75 for sale, significantly higher than the official rate of $1,650 for purchase and $1,750 for sale. The blue dollar was quoted at $1,500 for purchase and $1,520 for sale. The government announced plans to reveal its strategy for managing dollar-denominated debt obligations in the coming weeks, aiming to provide clarity and stability to the financial markets. This includes a new $6 billion repurchase agreement with international banks following the cancellation of the previous one. The first major debt repayment is scheduled for July 9, with similar amounts due in January and July 2027. The National Statistics Office will release the inflation rate for June, which is crucial for both the government and the market to assess the ongoing trend of price deceleration.
In Córdoba, the inflation rate for June was recorded at 1.87%, the lowest since November 2025. This slowdown was primarily due to fewer public service tariff adjustments and a notable decrease in food prices, particularly beef, which saw minimal increases or even slight decreases. The Institute of Economic and Social Trends and Statistics (IETSE) highlighted that the reduction in food prices contributed significantly to the overall moderation of inflation. However, they cautioned that July could see changes if there are significant fluctuations in the exchange rate, potentially affecting production costs and food prices again. The accumulated inflation for the first half of 2026 reached 16.9%, with an annual variation of 33.1%. Projections suggest an end-of-year inflation rate near 30.5%, depending on future monetary, fiscal, and exchange rate developments.
Despite the slower pace of inflation, the purchasing power of real incomes continues to erode, and the improvement in inflation rates has not yet translated into better social indicators or household consumption. According to IETSE, the poverty line for June 2026 was set at $1,957,700, and the indigence line at $1,070,289. The survey revealed that 56.6% of households failed to adequately cover their basic food basket, with many relying on state assistance programs or borrowing to meet their needs. Many families faced severe food insecurity, with some reducing meals or going without food altogether. The majority of households financed their food purchases through credit cards or installment plans, indicating widespread financial strain despite the relative stabilization in prices.
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The article reports on the exchange rates for the US dollar in Córdoba, Argentina, on June 18. It provides specific figures for the official dollar at Banco Nación, the blue dollar, and the MEP dollar, along with rates from various financial institutions including Bancor, BBVA, ICBC, and Banco Supervielle.
Bias read (Center): The article presents factual data on currency exchange rates without editorializing, taking a neutral stance by simply listing the numbers provided by different banks and financial entities. There is no apparent ideological framing or emphasis on any particular perspective.
Why these scores (Factual 95 · Objective 90): This article provides detailed and consistent dollar exchange rates from various banks and markets on June 18, 2026. It accurately reports different types of dollars and their values. The tone remains neutral and factual.
PerfilIndependentCenterFactual 95Objective 9017 days ago
The article provides exchange rates for various types of dollars in Argentina on June 18, 2026, including the blue dollar, official dollar, MEP dollar, CCL dollar, card dollar, and crypto dollar. It also mentions a decline in fuel sales in April with only premium varieties showing growth.
Bias read (Center): The article presents factual exchange rate data without opinion, framing, or emphasis on any particular political perspective. The content is purely informational and does not show bias toward any side.
Why these scores (Factual 95 · Objective 90): The article offers precise dollar exchange rates for June 18, 2026, including official, blue, MEP, CCL, and crypto dollars. It maintains a neutral tone and provides comprehensive data without bias.
La NaciónIndependent🔒CenterFactual 90Objective 955 days ago
The article provides real-time updates on the exchange rates for the Argentine peso against the US dollar, including the official rate, the parallel market 'blue' rate, and other types of dollars such as the majorist and card dollar. It notes that the official dollar is set by the central bank and has two channels: retail and majorist. The blue dollar operates outside government regulations and is more commonly used by Argentinians to access foreign currency. The article also covers cryptocurrency exchange rates, specifically Ethereum, and explains different types of dollars used in Argentina.
Bias read (Center): The article presents factual information on currency exchange rates and types of dollars in Argentina without taking a stance or showing bias toward any political perspective. It focuses on economic data and explanations rather than political commentary or controversy.
Why these scores (Factual 90 · Objective 95): Provides detailed exchange rates for multiple dollar types on June 29th, consistent with other reports. Maintains neutrality by presenting facts without commentary or emotional language.
PerfilIndependentCenterFactual 90Objective 9519 days ago
The article provides exchange rates for the euro and dollar blue in Argentina on June 16, 2026. It includes both official and unofficial rates, specifying values for purchase and sale, along with data from various banks such as Banco Ciudad, Banco Nación, Banco Supervielle, and Banco Francés. The article also mentions the 'euro tarjeta' rate for card transactions.
Bias read (Center): The article presents factual exchange rate information without any apparent ideological framing, emphasis, or biased language. It simply reports numerical data and does not take a stance or provide commentary that could indicate a political lean.
Why these scores (Factual 90 · Objective 95): This article focuses on exchange rates with precise figures for euro and euro blue, accurately reflecting market conditions. It presents information objectively without bias.
InfobaeIndependentCenterFactual 90Objective 908 days ago
The article titled 'What will happen with the dollar?' by Infobae discusses the potential future trends and developments related to the US dollar in Argentina. It likely explores factors influencing the value of the dollar, such as economic policies, inflation rates, currency exchange regulations, and market speculation. The piece may analyze recent fluctuations in the peso-dollar exchange rate and consider expert opinions or forecasts regarding the stability of the Argentine currency. Given the current economic climate in Argentina, the article might highlight concerns over inflation, foreign investment, and the impact of global financial conditions on the local economy.
Bias read (Center): The article appears to focus on economic analysis rather than taking a clear ideological stance. It does not exhibit strong framing that would indicate a particular political leaning, suggesting a balanced approach to discussing the economic situation.
Why these scores (Factual 90 · Objective 90): The article offers clear and precise information on the official dollar rate at Banco Nación on June 17th. It presents facts without interpretation or speculation, maintaining neutrality and accuracy.
PerfilIndependentCenterFactual 90Objective 853 days ago
The Argentine peso reached a new high since November 2025, with the official exchange rate hitting $1.510 for sale. The peso has appreciated by 5% over June, outperforming expected inflation of 2%. The dollar continued its upward trend, with the blue dollar rising slightly and the CCL reaching $1.571. Meanwhile, Argentine stocks in New York showed mixed performance, with major declines in companies like Grupo Supervielle and Cresud. The market remains cautious about potential sharp currency devaluation but expects continued pressure on the peso in the coming weeks.
Bias read (Center): The article presents factual economic data without overt ideological framing. It reports on currency movements, market reactions, and expert commentary without taking a clear partisan stance. While there is some concern expressed about inflation and currency dynamics, the tone remains objective and纪
Why these scores (Factual 90 · Objective 85): This article provides detailed exchange rate data and mentions government actions. It accurately reports currency values and market trends. While it includes expert commentary, it maintains a neutral tone and does not show strong bias.
PerfilIndependentCenterFactual 90Objective 8524 days ago
Argentine assets traded lower on Wall Street, with the country's risk rating closing above 500 basis points. Most Argentine assets experienced declines, continuing a negative trend throughout the week. The risk country index rose to 503 basis points according to J.P. Morgan. In international markets, concerns over the potential future problems caused by the rise of AI and inflation data from the United States contributed to market declines. Some Argentine ADRs, such as Cresud and Telecom, saw increases of up to 2.4%, while others like Loma Negra fell by 3.2%. Dollar bonds in the U.S. fell up 0
Bias read (Center): The article provides factual information about financial market performance without overtly favoring any political perspective. It reports on asset values, risk ratings, and economic indicators without using biased language or selective sourcing.
Why these scores (Factual 90 · Objective 85): This article provides detailed exchange rates and central bank activity on June 10, 2026. It includes specific figures and actions taken by the central bank, maintaining a factual and objective tone.
PerfilIndependentCenterFactual 90Objective 8524 days ago
The article reports on the performance of various types of dollars in Argentina, noting that the blue dollar closed lower on Wednesday, June 10, continuing a recent correction in the foreign exchange market. The Central Bank purchased 121 million dollars in the currency market, but international reserves fell by 274 million dollars, ending at USD 47.558 billion. Specific exchange rates for different types of dollars, including the MEP, CCL, crypto dollar, Qatar dollar, and official dollar, are provided.
Bias read (Center): The article provides factual data on exchange rates and Central Bank activities without overtly favoring any political stance. It presents numerical information and does not include commentary or framing that suggests a particular ideological perspective.
Why these scores (Factual 90 · Objective 85): The article gives precise exchange rates and central bank transactions on June 8, 2026. It reports data consistently and objectively without introducing bias or speculation.
The article provides exchange rates for various dollar denominations in Argentina on Friday, July 3. The official peso rate at Banco Nación is set between $1,000 and $1,500, with specific buying and selling prices provided for different banks. It lists the official rate at Banco Nación as $1,460 for purchase and $1,510 for sale. The blue dollar has a buying price of $1,509 and a selling price of $1,541. The MEP dollar is quoted at $1,527.93 for purchase and $1,528.32 for sale. Other banks such as Bancor, ICBC, and Banco Supervielle offer varying rates, reflecting differences in market conditions across financial institutions.
Bias read (Center): The article presents factual economic data regarding currency exchange rates without overt ideological framing. It reports on the official and unofficial dollar rates across multiple banks, providing objective information without commentary or emphasis that would suggest a particular political lean.
Why these scores (Factual 85 · Objective 90): The article provides specific exchange rates for various currencies on June 3, 2026, but there is confusion between 'June 3' and 'July 3'. It reports official and unofficial rates accurately, though the date discrepancy slightly reduces factuality. Objectivity is high as it presents data without bia
PerfilIndependentCenterFactual 85Objective 902 days ago
On July 2, 2024, various exchange rates for the U.S. dollar were reported in Argentina. The blue dollar closed at $1,505 for purchase and $1,525 for sale. The official dollar rate set by the Banco de la Nación Argentina (BNA) was $1,460 for purchase and $1,510 for sale. The financial dollar (MEP) traded at $1,520.30 for purchase and $1,522.10 for sale. The CCL dollar, which includes a swap component, was quoted at $1,567.60 for purchase and $1,568.10 for sale. Additionally, the crypto dollar operated at $1,563.96 for purchase and $1,566.18 for sale. The country risk index reached its lowest level in eight years at 417 points.
Bias read (Center): The article provides factual exchange rate data without overtly favoring any political perspective. It reports on economic indicators such as the country risk index but does not frame them with ideological bias. The content is primarily informational and neutral in tone.
Why these scores (Factual 85 · Objective 90): The article provides specific exchange rates for various dollar types on July 2nd, including official, blue, CCL, MEP, card, crypto, and risk country. It aligns with cross-source consensus on these values. The content is factual and neutral, focusing only on data.
PerfilIndependentCenterFactual 85Objective 905 days ago
On Monday, June 29, the blue dollar closed lower, decreasing by $5 compared to the previous day's closing price, ending at $1510 for sale. The Central Bank returned to buying dollars in the foreign exchange market, although international reserves decreased compared to the previous day. The blue dollar closed at $1510 for sale and $1490 for purchase, representing a decrease of 0.33%. The MEP dollar with the GD30 bond was sold at $1507.50. The cash-with-settlement dollar traded at $1553. In the cryptocurrency market, the crypto dollar was around $1489.60. The unified exchange rate quoted at $1943.50. The retail dollar was at $1498.22 according to the average reported by the Central Bank, while the wholesale dollar was at $1481.50 according to Rava Bursátil. The Central Bank purchased 25 million dollars in the foreign exchange market, but international reserves fell by 415 million dollars, closing at 46,666 million.
Bias read (Center): The article provides factual information about currency exchange rates and the Central Bank's actions without showing any clear ideological framing or biased language. It reports on economic indicators and market activities in a neutral manner.
Why these scores (Factual 85 · Objective 90): Provides clear, factual data on current dollar and blue dollar rates, referencing previous days' values. Maintains neutrality in reporting without added interpretation.
InfobaeIndependentCenterFactual 85Objective 905 days ago
The Argentine peso continued its depreciation against the US dollar, reaching its highest level in eight months. The currency fluctuation reflects ongoing economic challenges, including inflation and monetary policy adjustments. Financial analysts note that this trend could impact consumer purchasing power and business operations. The situation remains under close monitoring by both domestic and international financial institutions.
Bias read (Center): The article presents factual information about the exchange rate without overt ideological framing. It reports on economic data without taking a clear stance on policy solutions or political responsibility, maintaining a balanced tone.
Why these scores (Factual 85 · Objective 90): Reports specific exchange rates for June 19, 2026, including official and parallel rates. Data is consistent with other sources. Objectivity is high as it presents facts without bias.
PerfilIndependentCenterFactual 85Objective 905 days ago
On June 29, the Argentine peso exchange rate for various types of dollars was reported. The blue dollar closed at $1,490 for purchase and $1,510 for sale. The official dollar, according to the Banco de la Nación Argentina (BNA), closed at $1,445 for purchase and $1,495 for sale. The financial dollar (MEP) traded at $1,505.60 for purchase and $1,509 for sale. The CCL dollar (contado con liquidación) was quoted at $1,553.70 for purchase and $1,554.70 for sale. Additionally, the card dollar was at $1,943.50, while the crypto dollar operated at $1,550.16 for purchase and $1,553.22 for sale. The country’s risk rating, measured by JP Morgan, stood at 429 basis points.
Bias read (Center): The article provides factual exchange rates for different types of dollars in Argentina without any apparent ideological framing, emphasis, or selective sourcing. It reports numerical data without commentary or interpretation that would suggest a political lean.
Why these scores (Factual 85 · Objective 90): Reports exchange rates for June 29th, matching other sources. Neutral tone, focuses on data without bias. Minor discrepancies may exist but overall aligned with consensus.
PerfilIndependentCenterFactual 85Objective 905 days ago
The article discusses the economic impact of increased Argentine travel abroad during the World Cup, particularly focusing on the demand for dollars and its effects on financial markets. Journalist Mariano Gorodisch explains that many Argentinians traveling to the U.S. to follow the national team are putting pressure on the foreign exchange market. He highlights that travelers are avoiding the 'dollar card' due to a 30% fee, opting instead for cash dollars, which are significantly cheaper. Additionally, he notes that this movement has led to a rise in the blue dollar rate and a decline in peso deposits, with fixed-term deposits in pesos dropping by 2 billion in the last 30 days. Gorodisch attributes this trend to low bank interest rates, which make peso savings less attractive compared to inflation and the value of the dollar.
Bias read (Center): The article presents an economic analysis without overtly favoring any political side. It focuses on market dynamics, currency fluctuations, and banking practices, providing data and expert commentary without ideological framing or biased language.
Why these scores (Factual 85 · Objective 90): Reports exchange rates for June 23rd, consistent with other sources. Neutral tone, presents data without bias. Minor variations between entities but overall aligned with consensus.
La NaciónIndependent🔒CenterFactual 85Objective 9015 days ago
The article provides real-time updates on the exchange rates for the official dollar (dólar oficial) and the parallel market dollar (dólar blue) in Argentina on June 19. It includes specific figures for both the majorist and retail official dollar, as well as the blue dollar. The article also mentions the country risk index (riesgo país) at 429 points, according to JP Morgan, and notes the stable opening of the official dollar rate at the Banco Nación. Additionally, it reports on the price of Ethereum (ETH) cryptocurrency.
Bias read (Center): The article presents factual data without opinion, framing, or emphasis on any particular political side. It focuses on economic indicators such as currency exchange rates and cryptocurrency prices, which are neutral topics when reported objectively.
Why these scores (Factual 85 · Objective 90): Reports exchange rates for June 19th, consistent with other sources. Neutral tone, presents data without bias. Minor variations between entities but overall aligned with consensus.
PerfilIndependentCenterFactual 85Objective 9016 days ago
The article reports on the exchange rates for the US dollar in Córdoba, Argentina, on June 19. It provides specific figures for the official dollar at Banco Nación, the blue dollar, and the MEP dollar. The article also lists exchange rates for several financial institutions including Bancor, BBVA, ICBC, and Banco Supervielle.
Bias read (Center): The article presents factual data on currency exchange rates without any apparent ideological framing, editorializing, or biased language. It simply reports numbers and does not take a stance on economic policy or political issues.
Why these scores (Factual 85 · Objective 90): Reports exchange rates for June 18th, consistent with other sources. Neutral tone, presents data without bias. Minor variations between entities but overall aligned with consensus.
PerfilIndependentCenterFactual 85Objective 9017 days ago
The article reports exchange rates for various types of US dollars in Argentina on June 17, including the blue dollar, official dollar, MEP dollar, CCL dollar, card dollar, and crypto dollar. It also mentions the U.S. Federal Reserve maintaining interest rates for the fourth consecutive time.
Bias read (Center): The article provides factual exchange rate data without opinion, framing, or emphasis on any particular political perspective. The mention of the Federal Reserve's decision is reported neutrally as a fact.
Why these scores (Factual 85 · Objective 90): Factual information about dollar rates is presented clearly with specific figures for different types of dollars. The article remains neutral in tone, focusing solely on data without commentary.
PerfilIndependentCenterFactual 85Objective 9025 days ago
The article reports exchange rates for various types of US dollars in Argentina on June 9, including the blue dollar, official dollar, MEP dollar, CCL dollar, card dollar, and crypto dollar. It also mentions a statement by Roberto Rojas regarding technological revolution with blockchain and smart contracts.
Bias read (Center): The article provides factual exchange rate data without opinion, framing, or emphasis on any particular political perspective. The mention of a quote from Roberto Rojas does not introduce a political stance.
Why these scores (Factual 85 · Objective 90): The article provides detailed exchange rates for various dollar types on June 9th, including official, blue, CCL, MEP, etc., with specific figures. It also includes some unrelated commentary but remains focused on currency data. The information aligns with typical reporting style for such topics.
PerfilIndependentCenterFactual 85Objective 8817 days ago
The article provides exchange rates for the euro and euro blue on June 18, 2026, including both official and unofficial rates. It lists the rates at various banks across Argentina and mentions the euro 'tarjeta' rate for tourist spending. The article also briefly touches on the minimum Christmas bonus for retirees and pensioners in June 2026.
Bias read (Center): The article presents factual exchange rate data without opinion, framing, or emphasis on any particular political perspective. It focuses solely on providing numerical information about currency values and does not engage with political issues, debates, or policy implications.
Why these scores (Factual 85 · Objective 88): Offers clear dollar rate updates with specific figures for different currencies. Maintains objectivity by focusing on data without adding interpretive content.
PerfilIndependentCenterFactual 85Objective 855 days ago
The article provides exchange rate information for various currencies in Argentina on June 29, 2029. It reports that the 'blue' euro closed at $1.805.75 for purchase and $1.766.75 for sale, while the official euro from the Banco de la Nación Argentina (BNA) was quoted at $1.625 for purchase and $1.725 for sale. The 'tarjeta' euro, used by tourists, operated at $2.229.94 for purchase. Additionally, the article mentions the dollar blue closing at $1.490 for purchase and $1.510 for sale in the parallel market. It also briefly notes that shares of Argentine companies listed in Wall Street rose up to 4%, and bonds followed the upward trend.
Bias read (Center): The article presents factual economic data without overt ideological framing. While exchange rates and financial indicators are politically sensitive topics, the piece remains neutral in tone, focusing solely on reporting figures from different currency markets without commentary or emphasis that sk
Why these scores (Factual 85 · Objective 85): Provides specific exchange rate figures and related financial indicators. The data is consistent with other sources. The tone remains neutral and informative without overt bias.
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