Argentina’s Central Bank has taken steps to further ease foreign-exchange restrictions, capitalizing on a phase of relative stability in the currency market to provide relief to individuals and companies alike. The measures constitute a methodical approach designed to streamline access to dollars, all the while preserving the overarching structure of capital controls. Among the most … Read more
In an effort to solidify Argentina’s fiscal surplus and bolster the Central Bank’s international reserves, President Javier Milei’s administration is advancing an ambitious and long-standing privatization initiative. The government’s approach aims to produce revenue in dollars through the sale or concession of state-owned enterprises. This is essential for the government, as the accumulation of foreign … Read more
President Javier Milei aims to dismantle one of Argentina’s most significant financial taboos: providing dollar loans to individuals and businesses that do not generate income in dollars. Since the 2001 debt crisis, local banks have been effectively prohibited from extending dollar loans to borrowers who do not earn income in US currency. A shortage of … Read more