Core Viewpoint - Argentina's regulatory actions aim to suppress the demand for US dollars in the financial market, reflecting the government's commitment to defend the peso amid ongoing economic challenges [1] Regulatory Actions - The Argentine National Securities Commission (CNV) recently clarified existing regulations, prohibiting brokers from selling local dollar-denominated financial instruments if they hold peso-denominated repurchase agreements (REPO) or other short-term loan positions [1] - This regulation effectively prevents market participants from using short-term peso financing to purchase US dollars, indicating a tightening of foreign exchange controls [1] Government Intervention - The government, under the leadership of Javier Milei, has increased its buying power in dollar futures and implemented measures to tighten market liquidity [1] - Despite these interventions, the peso approached the upper limit of its trading range on the following Monday, suggesting ongoing pressure on the currency [1] Economic Analysis - Economist Juan Manuel Trucco from Buenos Aires consulting firm Outlier described the recent regulatory changes as a clear tightening of foreign exchange controls [1]
阿根廷收紧外汇管制 抑制美元需求以稳住比索
Xin Hua Cai Jing·2025-09-15 23:12