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President Alberto Fernández defended the new currency restrictions, saying dollars are needed to produce rather than to save. Critics including business groups and economists warned the rules would hurt small savers, companies and the recovery.
The unofficial blue dollar closed the week above 140 pesos per dollar.
Continued political backing for controls signals that restrictions on dollar access may persist, keeping Argentine peso and export-related flows under pressure. This is a follow-up reaction rather than a new policy change.
batimes.com.arEugenia IglesiasSep 19, 2020Not enough comparable past events yet for a historical read.
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.
