Caputo and Bausili refused to say when Argentina might exit the cepo, sparking uncertainty

Amid diplomatic tensions, the country renegotiated an agreement that matured over June and July

‘The administration’s ability to govern is affecting the prospects for the future and in the short term’

Families are borrowing money to afford food as purchasing power is pulverized and thousands of jobs are axed

International reserve accumulation and the grains harvest have seen the parallel rate drop by more than a fifth since its December peak

Following statements by Milei and Caputo, the market is evaluating how and when currency controls could be lifted

The government committed to lifting the ‘cepo’ in January, the president claims it could happen mid-2024

Speaking at AmCham, the economy minister also stated that a currency competition scheme is the government’s first goal

The gap between the parallel and official exchange rates has narrowed, making Argentina more expensive in dollar terms