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ARGENTINA: Economy Minister Caputo Says Will Eliminate Currency Controls In 2025

ARGENTINA
BulletEM BulletEmerging Market News
  • Speaking at an event, Economy Minister Caputo said that the government will remove capital controls sometime next year, according to Bloomberg, and that it will slow the crawling FX peg on the peso if CPI inflation stays at the current level or slows further.
  • Caputo also said that demand of pesos is still not 100% balanced with supply, another necessary condition to lift controls.
    • "*CAPUTO SAYS ARGENTINA WILL ELIMINATE CURRENCY CONTROLS IN 2025" - BBG
    • "*ARGENTINA WILL SLOW CRAWLING PEG IF CPI STAYS LEVEL OR SLOWS"
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  • Speaking at an event, Economy Minister Caputo said that the government will remove capital controls sometime next year, according to Bloomberg, and that it will slow the crawling FX peg on the peso if CPI inflation stays at the current level or slows further.
  • Caputo also said that demand of pesos is still not 100% balanced with supply, another necessary condition to lift controls.
    • "*CAPUTO SAYS ARGENTINA WILL ELIMINATE CURRENCY CONTROLS IN 2025" - BBG
    • "*ARGENTINA WILL SLOW CRAWLING PEG IF CPI STAYS LEVEL OR SLOWS"