Search results
Put an end to capital controls
- In his first few hours after taking power in 2015, Mr Macri put an end to capital controls. He then began his policy of "gradualism", which was meant to re-establish international trust in the economy with a consistent plan of budget cuts and the elimination of subsidies.
www.bbc.com/news/business-49326151
People also ask
How did Macri's capital restrictions affect Argentine currency?
What did Macri do in September?
Why did Macri avoid capital controls?
What are Argentina's capital controls?
Dec 17, 2015 · Argentina has lifted capital controls and will allow practically unlimited access to foreign currency in a process that will allow the peso to float more freely, finance minister Alfonso Prat-Gay...
Sep 2, 2019 · Both the peso and Argentina’s foreign exchange reserves have fallen by a fifth since President Mauricio Macri suffered a crushing defeat to his Peronist opponents in a primary vote last...
Aug 12, 2019 · Mr Macri came to power in 2015 putting an end to more than a decade of Kirchnerismo - a host of left-wing policies that favoured capital controls and government spending.
Sep 2, 2019 · WHEN MAURICIO MACRI was elected president of Argentina in 2015, one of his first acts was to abolish capital controls that restricted buying and selling of the peso. The move symbolised...
Sep 2, 2019 · Argentines and investors alike are cautiously assessing the impact of President Mauricio Macri’s decision to impose capital controls on Sunday -- a blunt policy reversal aimed at containing...
- 3 min
Oct 28, 2015 · Mauricio Macri vows to end Argentina’s long debt stand-off and drop capital controls on his first day as president, a prospect that is a real possibility after his strong showing in...
Nov 29, 2019 · In September, outgoing President Macri imposed lighter capital control measures, limiting monthly purchases to $10,000 and forcing exporters to repatriate earnings within five to fifteen days.
