Skip to main content

Argentina’s currency controls help stabilise peso and reserves

Uncertainty about the fiscal policies of the incoming president is contributing to falling bond prices

The Central Bank of Argentina
Javier Pierini

The Central Bank of Argentina (BCRA) appears to have succeeded in stabilising the exchange rate with the tougher currency controls it implemented following the October presidential election.

After the election of the left-wing opposition leader Alberto Fernández on October 27, the BCRA sharply reduced citizens’ access to US dollars in a bid to stem the continuous depreciation of the peso.

The central bank stipulated that individuals can only purchase up to $200 per month through debit cards

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

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

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.