Argentina reimposes currency controls as peso plummets

The Central Bank of Argentina
The Central Bank of Argentina
Javier Pierini

The Argentine government reimposed currency controls on September 1, in a bid to stem capital outflows and the abrupt depreciation of the peso.

In a statement, the Central Bank of Argentina detailed a series of measures designed to “maintain exchange stability and protect savers”, which came into force today (September 2).

Since president Mauricio Macri lost the primary elections to left-wing opposition leader Alberto Fernández on August 11, the peso has depreciated by 23.9% against the

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: