INSUBCONTINENT EXCLUSIVE:
purchases since 2019.Economy Minister Luis Caputo revealed the decision during a press conference at Casa Rosada, marking a pivotal step in
Currency Controls as Milei Pushes Economic Overhaul
(Photo Internet reproduction)Starting Monday, April 14, Argentines will purchase dollars freely through official channels without
restrictions or bureaucratic hurdles.The government plans to let the peso float within a controlled range of 1,000 to 1,400 pesos per
domestic dollar transactions will be eliminated, although foreign purchases and tourism-related transactions will still face
billion available in 2025.Argentina Ends Currency Controls as Milei Pushes Economic OverhaulCaputo emphasized that lifting currency controls
would unlock delayed investments, create jobs, improve wages, and reduce taxes
These measures aim to revive an economy plagued by inflation and unemployment.Officials remain optimistic as Argentina takes significant
steps toward economic stabilization
inflation rose by 3.7%, a figure that reflects manageable pressures compared to previous highs.Market reactions will likely validate the
discipline and monetary reform to restore investor confidence and reverse years of economic decline.The removal of currency controls signals
a bold shift toward liberalization but carries risks for households already burdened by rising prices.As Argentina enters this new phase,