Argentina Weighs Managed Exchange Rate Once It Lifts Currency Controls

[MilHojas]

Argentina Weighs Managed Exchange Rate Once It Lifts Currency Controls

To help the transition, the government plans to keep limiting the amount of money in circulation, which is supposed to force dollar holders to swap their holdings of the US currency into domestic currency.

Archived version

 

[Rich One]

Maybe there is a 5 % of the people, hold dollars under the mattress... ? what about the rest?

 

[carride]

Argentina Weighs Managed Exchange Rate Once It Lifts Currency Controls

Argentina is weighing whether to introduce a managed exchange rate regime — a “dirty float” — once it lifts its current foreign exchange controls in 2025, according to policymakers.

www.bnnbloomberg.ca