CurrencyControl

Argentina Contemplates Managed Exchange Rate Post Currency Control Lifting

7 days ago

Argentina is on the verge of a significant shift in its economic policy as it considers implementing a managed exchange rate system once it lifts current currency controls. This decision is part of the government's broader strategy to stabilize the economy, which has faced severe inflationary pressures and currency instability in recent years.

Argentina's Struggle for IMF Funding Stalls Amidst Currency Controls

2 months ago

Argentina finds itself at a critical juncture in its quest for additional funding from the International Monetary Fund (IMF), as negotiations appear to be at a standstill due to the nation’s stringent currency controls. The government is seeking to secure further assistance to stabilize its economy, which is grappling with rampant inflation and dwindling foreign reserves. However, the existing regulations on the currency market have complicated the relationship with the IMF, leading to stalled discussions.

Argentina's Central Bank Ventures into Dollar Debt Cards Amidst Economic Turmoil

2 months ago

In a bold move aimed at boosting the nation’s economy, Argentina's central bank is reportedly taking significant steps to enable dollar-denominated debt cards for citizens. This move comes in response to the ongoing financial crisis that has gripped the country, exacerbated by soaring inflation rates and dwindling foreign currency reserves.