NewsMacro & flows
Argentina has turned around its energy balance in less than three years.
In December 2023, the energy balance stood at USD 41 million; today, it exceeds USD 11 billion, accounting for 45% of the total trade surplus. An increased inflow of genuine dollars from the energy sector strengthens the Central Bank’s (BCRA) reserves and eases exchange-rate pressure, thereby improving the outlook for Argentine stocks and bonds.
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