Argentine peso slides sharply after FX controls eased, bonds jump

What does it mean that Milei ended Argentina's strict controls on currency and capital?

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity.

Argentina's peso sinks after currency controls eased

Argentina's peso slumped more than 11 percent against the US dollar Monday, after Javier Milei's libertarian government loosened currency controls to win a $20 billion IMF bailout.

Argentine peso depreciates after exchange controls lifted

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.

Argentine Peso Slides Sharply After FX Controls Eased, Bonds Jump

Argentine peso slides sharply after FX controls eased, bonds jump

The Argentine peso slid around 17% on Monday morning while bonds gained after Buenos Aires sealed a $20 billion loan program with the International Monetary Fund and undid large parts of its currency and capital controls late on Friday.

Argentina Assets Surge After Lifting FX Controls Amid IMF Deal

Argentina’s sovereign debt climbed while the peso slipped after the country lifted most of its currency-market restrictions as part of its new $20 billion program with the International Monetary Fund.