antipodean
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Luis Caputo anunció que el lunes se termina el cepo cambiario: el dólar oficial flotará entre $1.000 y $1.400
El ministro de Economía lo informó en conferencia de prensa luego de que el Banco Central anticipara la fase 3 del programa económico. También finaliza el dólar blend y habrá un desembolso de USD 15.000 millones por parte del FMI en 2025

The government/ BCRA have announced that they will now imminently remove the CEPO (capital control affecting exchange rates and free movement of money to and from Argentina and the world). The exchange rate will "float" between 1000-1400 (albeit within controlled parameters). In theory this should mean the convergence of the various exchange rates (Blue, MEP, CCL etc) with the official. This has apparently been made possible with the recent IMF loan. News still missing the effective date. (EDIT - Applicable from Monday)
As per the last time this happened in 2017-19, how long this will last is anyone's guess, but those with assets inside Argentina or pesos to spend should soon make the most of it. Any company that owns shares or operations in Argentina will now be able to freely repatriate their profits/ assets, which in theory should attract FDI. Those with money outside should be able to soon spend using their foreign cards without any significant penalty or benefit. This should have a positive impact on prices since vendors/ importers theoretically will no longer need to speculate on costs. Expats can waive goodbye to privileges like the blue or the MEP as what they pay will be what an Argentine pays.
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