Despite a chorus of calls from investors, Argentine President Javier Milei and his advisers are hesitant to rapidly build reserves, let the peso float and relax currency controls.
Despite a chorus of calls from investors, Argentine President Javier Milei and his advisers are hesitant to rapidly build reserves, let the peso float and relax currency controls.
The Central Bank of Argentina in Buenos Aires, Argentina, on Monday, April 14, 2025. Argentina reached a $20 billion agreement with the International Monetary Fund after President Javier Milei made sweeping changes to ease the nation's currency controls in a landmark moment for his government. Photographer: Erica Canepa/Bloomberg
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