Argentina adopts floating exchange rate regime to tackle peso crisis

The Central Bank of Argentina
Javier Pierini

The Central Bank of Argentina (BCRA) will implement a floating exchange rate regime and limit foreign exchange interventions to episodes of acute depreciation, it said on September 26.

The BCRA and the International Monetary Fund also announced that Argentina had abandoned its inflation target to aim at controlling the country’s monetary base. IMF head Christine Lagarde also announced plans to expand the organisation’s support for Argentina to make approximately $57.1 billion available.

The

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: