Argentina’s central bank announced a tweak to its monetary policy framework last night which, in time, should help it to gain better control over monetary conditions. It also appears to have stopped monetising the government’s budget deficit, and has scaled back FX intervention. Accordingly, the early signs are that the BCRA is starting to comply with the IMF’s requests.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services