Looser Fed policy and monetary target hamper Argentina’s currency efforts

The Central Bank of Argentina
Photo: Javier Pierini

Argentina’s planned currency devaluation is being hampered by the country’s own monetary base targets and the Federal Reseve’s looser policy, some observers say.

Argentine authorities and the International Monetary Fund are attempting to gradually devalue the peso keeping the currency within an exchange rate band. But the weaker US dollar and the monetary targeting policy is making this hard to achieve. The central bank is also facing a faster-than-expected rise in inflation, official figures

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: