Argentina enjoys a rare period of ‘currency peace’

Gap between illegal and official dollar dropped from 85% to 47% in a few weeks

The Central Bank of Argentina

Argentina is currently enjoying a period of ‘currency peace', with the peso strengthening on the illegal dollar market, after efforts from the central bank to control illegal exchange businesses.

However, some observers believe the central bank's crackdown – orchestrated by the institution's new governor, Alejandro Vanoli – is only partly responsible for the stability on the black market, citing an agreement with farmers that has injected dollars in the economy, and the issuance of a new bond as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account