Argentina debt deal should limit need for more controls, reduce peso gap- cenbank chief

Argentina's central bank chief Miguel Angel Pesce said the recent preliminary debt restructuring deal with creditors should reduce the need for further currency controls and narrow the gap between the official and black market peso rates. The peso opened 0.11% weaker at 73.81 per dollar, while the black market rate of 137 per dollar left a gap of about 85.8%.

Bondholders have until Aug. 28 to formally accept the roughly $65 billion restructuring offer.