Argentina’s Milei says his ‘regime of freedom’ not ready to drop currency controls

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Financial Times 13h ago

Argentina’s Milei says his ‘regime of freedom’ not ready to drop currency controls - Financial Times

Quick Summary:

When he travelled abroad with the president, Caputo added, “we always see investors in the real economy and honestly, nobody asks about currency controls”.

Caputo also questioned the urgency of scrapping the restrictions, saying that while he did not want “to underestimate people looking at currency controls . . . it almost seems childish to focus on whether [they] end in two months, three, five or eight.

But, when asked if it was the right time to remove the controls, Milei said, in the joint interview with his economy minister Luis Caputo at the Casa Rosada presidential palace in Buenos Aires: “No, not yet.