Currency reforms will boost Argentina's capital markets

Author: Edward Price | Published: 18 Dec 2015

The Central Bank of Argentina (BCRA) has issued amendments to the country’s system of exchange rate controls. The move, which significantly loosens those controls, signals the further liberalisation of the Argentinian economy and is expected to stimulate the country's capital markets.

"Although pending litigation with the hold outs [creditors] is still to be tackled, this is certainly a step in the right direction to...