Argentina's monthly inflation rate came in at 6.2% in September, the government's INDEC statistics agency said on Friday, slower than a month earlier and undershooting analyst forecasts of a 6.7% increase, a rare positive for the embattled economy, Reuters reported. Inflation in the 12 months through September hit 83%, as the South American country fights to rein in surging prices that are sapping people's wages and savings. Prices were up 66.1% in the first nine months of the year.

Argentina's economy minister Sergio Massa said on Thursday that he will meet Paris Club officials on Oct. 27 and 28 in France to wrap up negotiations over $2 billion in debt that the country owes to the creditor group, Reuters reported. Talks will include the repayment schedule and the interest rate for the loan from the creditors which include the governments of the United States, Germany and Italy. The Paris Club last year gave Argentina more time to repay the debt, which allowed Buenos Aires time to negotiate a revamp of its IMF program.

Argentina's inflation rate likely eased slightly in September to 6.7%, a Reuters poll of analysts showed, but remained stubbornly high overall, supporting forecasts that it could top 100% this year, the highest annual level since the early 1990s, Reuters reported. That monthly rate would be lower that a 7% price rise in August and a July peak of 7.4%. The South American country has been battling to bring down one of the world's highest inflation rates. The projections were made by 16 analysts surveyed by Reuters, with estimates ranging between 6.5% and 7%.

The International Monetary Fund (IMF) has reached a staff-level agreement on Argentina's $44 billion extended fund facility arrangement, which should unlock nearly $4 billion in funds for the country, the lender said on Monday, Reuters reported. The approval, which needs to be ratified by the IMF executive board, would unlock $3.9 billion for the embattled South American nation, which is looking to rebuild reserves and tamp down spiraling inflation. Argentina, a major grains producer, struck a new IMF deal earlier this year to replace a huge failed program from 2018.

Argentina will stick to a deal with the International Monetary Fund to gradually reduce the country’s budget deficit amid a surge in inflation, the country’s top economic official said on Monday, WSJ Pro Bankruptcy reported. Economy Minister Sergio Massa met with IMF Managing Director Kristalina Georgieva in Washington, D.C., and they said the IMF’s program with Argentina would remain unchanged. Ms. Georgieva said she welcomed Mr. Massa’s “strong commitment and drive to achieve the goals of the program.” Mr.

Argentina's government will launch three measures in the coming days aimed at restricting imports and preserving the central bank's dwindling foreign currency reserves, a source told Reuters on Tuesday. The measures come as new data on Monday showed a trade deficit in July of $437 million, the second deficit in a row for Latin America's third-largest economy.

Argentine Economy Minister Sergio Massa tapped veteran economist Gabriel Rubinstein as secretary of economic planning, to help craft the policy response to a currency slump and the fastest inflation in three decades, Bloomberg News reported. Rubinstein, who has long run his own consulting firm, served on the central bank’s board during the administration of late President Nestor Kirchner in 2005, among other government roles. Massa, a career politician, was sworn in earlier this month.

Argentina’s new Economy Minister Sergio Massa pledged to stop printing money that helps fuel runaway inflation, outlining his strategy to turn around the country’s deepening crisis, Bloomberg News reported. Massa rolled out his economic roadmap Wednesday night after being sworn in by President Alberto Fernandez as the third such minister in a month. Massa’s measures also focused on boosting exports, reducing the country’s fiscal deficit and increasing the central bank’s dwindling reserves.

With inflation hurtling toward triple digits and, economists say, just a policy mistake or two away from setting the stage for hyperinflation, Argentina's central bank is desperately trying to avert a peso devaluation that would only trigger another wave of price hikes, Bloomberg News reported. Each day, the bank dispatches its traders to sell dollars and buy pesos that no one wants. On average, they’re burning through $60 million a day. For now, that’s kept the peso mostly steady in the primary foreign-exchange market.

New Economy Minister Sergio Massa is preparing a set of measures to address one of Argentina’s key problems: a chronic shortage of dollars that has caused the U.S. currency to soar in parallel exchange markets, Bloomberg News reported. Massa, who was named by President Alberto Fernandez last week as the head of an expanded and empowered economy ministry, is expected to unveil incentives to exporters as well as policies to attract more foreign investment and to capture additional tourism revenue, according to people with knowledge of the plan.