(Bloomberg) -- Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in February after fresh inflation data paved the way for ...

Argentina's monthly inflation rate likely rose in February, slightly higher than the figure recorded in January, a Reuters ...

Argentina's monthly inflation rate dropped to 2.2% in January, its lowest since mid-2020 after libertarian President Javier Milei took office just over a year ago ushering in austerity measures that ...

Starting Monday, the devaluation, known as the crawling peg, will slow down to 1% a month from 2% a month previously. The central bank's board meets every Thursday, and a rate cut could come by ...

The repetitive devaluation pressure not only distorts foreign trade but also complicates maintaining the official parity with a controlled 2% monthly increase ('crawling peg'),“ says a ...

According to Milei, if inflation remains around 2.5% for three months, he will lower the crawling peg rate to 1% to bring the cost of living to zero and free the exchange market. October's ...

The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to "avoid any speculative role" by foreign currency market aggregators.

"February will be the month of the crawling peg, which will help to slow down tradable prices; however, the key will be that the rest of the monetary policy must be consistent with the peso ...