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[Argentina Eases Currency Controls Under Milei, Exchange Rates Converge] Argentina, Under President Javier Milei, Eased Most Currency Controls Last Month As Part Of Wider Economic Reforms Aimed At Stabilizing The Economy. This Move Granted Argentines And Companies Easier Access To Official Dollar Markets After Six Years Of Restrictions And Saw The Official And Black Market Exchange Rates Converge For The First Time Since 2019. The Reform, Welcomed By Many Locals And Companies, Has Negatively Impacted Street Money Traders But Is Seen As Key To Boosting Investor Confidence And Helped Secure A $20 Billion Deal With The International Monetary Fund.
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