Argentines move billions abroad despite peso stability
Argentines moved about $39 billion in dollars abroad since 2024, including $9 billion early this year. The flows continued despite peso stabilization and falling inflation.
Topic cluster
developing
2 sources grouped by AFBytes in Economy
AFBytes briefing
Persistent capital outflows limit domestic investment and can pressure U.S. banks and investors exposed to Argentine assets.
What to watch next
- Track monthly central bank reserve data and any new capital control measures announced by Argentine authorities.
- Follow the next monthly reserve report and any IMF review missions for updated net-reserve targets.
Argentina central bank reaches $10bn dollar goal
Argentina’s central bank met its $10 billion dollar-purchase target within five months. Gross reserves approached $48.4 billion though net reserves remain below target.