Loading…
Analysts expect Argentina's removal of currency controls, known as the cepo, to be gradual, with full exchange-rate unification not imminent. President Milei said the end of the cepo is closer but gave no firm timing.
The government is reducing peso liabilities at the central bank to limit the risk of a dollar run once controls lift.
If the cepo is lifted, the removal of the official-parallel gap could change the incentive for exporters to sell grain and meal, shifting Argentine export flows in the coming months.
buenosairesherald.comJuan Strasnoy PeyreMar 21, 2024Not enough comparable past events yet for a historical read.
After 206 past neutral policy events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
