MAE and Matba Rofex merged into A3, which will begin operations in 2025

The EMBI index, which was 1,920 points when Milei took office, has fallen below 1,000 for the first time since August 2019

The AFIP will be replaced with a new, reduced agency and over 3,000 jobs are on the chopping block

The agency lifted a restriction on participants who had taken short-term loans in dollars for MEP and CCL operations, and removed a 5-day notice period for large operations

Analysts say that the roll back of the PAIS tax signals that the priority is lower inflation and not the end of the ‘cepo’

The scheme is moving at a crawl, but changes to the PAIS tax may be helping the Central Bank shore up dollar purchases

With the equivalent of 5% of GDP maturing by December, analysts warn that the situation still hinges on currency controls

Caputo is going all-in on fighting inflation — postponing reserve accumulation and economic reactivation to do so

The move concludes the government’s migration of interest-bearing debt from the Central Bank to the Treasury, debuting ‘LEFI’ bills to manage bank liquidity