News of controls

BLOOMBERG

The US$185-million bond payment that's overdue and stuck in Argentina

13-09-2019 15:55 Real-estate firm IRSA has the cash to cover a bond payment to foreign and local creditors. But then capital controls arrived – and everything got a lot more complicated...

BLOOMBERG

Argentine corporate bond funds stuck in limbo after controls

13-09-2019 10:15 Argentina unveiled a series of capital controls at the start of this month as President Mauricio Macri responded to a plunging peso draining government reserves after his poor showing in a presidential primary vote.

Bloomberg

Central Bank clamps down on loophole to gain from capital controls

12-09-2019 08:52 The monetary authority adds measures to curb trades aimed at profiting from capital controls.

Bloomberg

Argentine bondholders pull out old guidebook to flee country

08-09-2019 08:55 “Many investors thought Argentina was on its way to becoming Chile or Colombia – stable, investment grade,” said Leo Chialva, a partner at Buenos Aires-based consulting firm Delphos Investment. “Those large funds are horrified by the latest measures.”

BLOOMBERG

A money manager doubles down on crisis-ridden Argentina’s bonds

06-09-2019 14:31 Lutz Roehmeyer, CIO of Capitulum Asset Management, who has invested in other crisis-stricken countries like Nigeria, said Argentine short-term bonds "are a good opportunity."

FIRST COMMENT ON MEASURES

Macri tells business leaders capital controls are only 'emergency' measure

04-09-2019 16:16 "We don’t like these measures," president tells business leaders, adding that "they are only justified in an emergency and for a limited time."

EXPLAINER

From Argentina to China and India: a global guide to capital controls

04-09-2019 12:34 Argentina may have spooked investors with its imposition of capital controls over the weekend, but it’s scarcely alone among emerging markets in using them to stop money flying out in times of stress.

BLOOMBERG

Argentina returns to capital controls as Macri fights to survive

02-09-2019 09:16 Decision to impose currency controls represents a bitter irony for the pro-market President Macri, who set about dismantling them as soon as he took office in 2015.

CURRENCY CONTROLS

Lacunza: Currency controls 'necessary to avoid greater evils'

02-09-2019 08:52 "It is an uncomfortable measure for us that Argentina has already had," declares finance minister, who describes new restrictions as "transitory."

Selective cepo?

Government imposes currency controls in bid to halt flight of dollars

01-09-2019 16:04 Exporters ordered to seek permission from the Central Bank of Argentina before purchasing foreign currency and and purchases of dollars limited to US$10,000 per individual a month.