News of foreign currency

Argentina tweaks FX rules after cost of getting dollars out surges

10-04-2026 12:29 Milei government issues new rules for investors moving money out of the country after increased use of the parallel foreign-exchange market drove cost of trades up.

MARKETS & BONDS

Argentina rating upgrade hinges on reserve build-up, Fitch says

27-03-2026 10:29 Argentina’s path to a credit rating upgrade depends on the sustained build-up of foreign-currency reserves, says top exec at Fitch Ratings.

FOREIGN POLICY

US Treasury chief issues second message of support for Milei's Argentina

02-10-2025 12:03 US Treasury Secretary Scott Bessent says Washington is "fully prepared to do what is necessary" in support of Milei as he confirms Argentina is key to “maintaining a US strategic interest in the Western Hemisphere.”

CURRENCY CONTROLS

‘Cepo’ individual: Milei tightens restrictions on dollar dealings

26-09-2025 14:54 Milei government partially reinstates currency controls for individuals; Central Bank imposes restriction that prevents savers from purchasing both official and MEP/CCL dollars for a period of 90 days.

WASHINGTON CALLING

Bessent halts Argentina crisis as US lifeline upends short bets

25-09-2025 09:12 Speculators seeking to profit from the sell-offs racing through Argentina’s markets were stopped dead in their tracks by a powerful investor willing to take the opposite side of the trade: the US government.

AGRICULTURE & ECONOMY

Milei’s tax cut on crops quickly lures US$7 billion

25-09-2025 08:52 Agro exporters rush to take advantage of temporary drop in export duties; Experts call on government to boost Central Bank reserves.

ANALYSIS

Vaca Muerta overtakes agriculture – and it will finance Argentina’s future

20-09-2025 06:21 The political weight of the oil industry is surging. With a record energy export surplus and rising, the Vaca Muerta formation is shaping up to be the country’s main source of foreign currency. Businessmen, governors and lawmakers all agree that shale deposits will be a major factor in economic stability, with investments and projects transforming the map.

by Carlos Burgueño

Analysis

Milei moves to aid peso as election roils markets

02-09-2025 17:37 Intervention is the latest bid to halt a sell-off that has rattled its financial markets.

FOREIGN EXCHANGE

US$130 million per day – Argentines snap up dollars as controls relaxed

01-09-2025 18:16 Since the removal of the so-called 'cepo' – strict currency controls that limit access to foreign currency – in April, Argentines have purchased over US$ 10 billion.

by Gonzalo Martínez

MONETARY POLICY

Argentina again tightens FX rules for banks as peso strengthens

29-08-2025 13:33 Argentina increases foreign-currency restrictions for commercial lenders yet again as part of effort to support the peso and ease inflation.

ANALYSIS: SHOCK THERAPY

How Milei keeps peso strong ahead of midterm vote

14-05-2025 12:00 President Milei's government doubles down on a strong peso strategy, making it the cornerstone of his midterm election campaign.

POLITICS – ANALYSIS

Milei launches new economic phase, with nod to middle class

11-04-2025 23:56 Casa Rosada expresses satisfaction as alignment with Trump bears fruit and secures an unprecedented initial disbursement from the International Monetary Fund.

ECONOMIC CHANGES

Milei ends 'cepo' as IMF board approves US$20-billion bailout

11-04-2025 23:32 Milei declares "cepo is gone for good" as IMF unlocks US$12 billion in immediate funding and Argentina lifts capital controls in 48-month US$20-billion programme.

ECONOMY & POLITICS

'Chau cepo?': Argentina overhauls exchange rate access

11-04-2025 18:27 President Javier Milei’s government to lift capital and currency controls as of Monday, with exchange rate of between 1,000 and 1,4,00 per greenback; ‘Phase Three’ of economic programme will see monthly cap lifted for individuals and firms.

‘CEPO’ NO MORE?

President sets 2026 target for removal of currency controls

04-02-2025 15:47 La Libertad Avanza leader says his government will remove capital controls by start of 2026 – unless the IMF grants Argentina fresh funds beforehand.

International Monetary Fund

Caputo returns to Argentina for talks with IMF team

23-01-2025 14:46 IMF Managing Director Georgieva meets President Javier Milei in Washington, highlights "tremendous progress" of Argentina’s economy. Technical team already in Buenos Aires, but Economy Minister Luis Caputo plays down talk of rapid removal of currency controls.

POLITICS & ECONOMY

Milei says legislative win paves way for monetary policy pivot

28-06-2024 13:56 President Milei says government will change its monetary policy framework following his first major legislative victory.

FOREIGN CURRENCY RESERVES

Milei’s push to rebuild Argentina’s foreign reserves grinds to a halt

26-06-2024 23:36 Argentina's Central Bank is struggling to rebuild its chest of foreign reserves as it starts to spend money in currency markets to defend controls propping up the peso.

RELATIONS WITH CHINA

Central Bank chief Bausili among top officials headed to China

18-04-2024 18:02 Top government officials are preparing to visit China in the next few weeks as President Javier Milei ditches his aggressive rhetoric against Beijing in a bid to deepen ties with a key trade partner.