Argentina: The End of the CEPO? Spoiler Alert: Not Yet…
Argentina has once again made international headlines after securing a new US$ 20 billion assistance package from the IMF. As part of the deal, the Milei Administration committed to allowing the Argentine peso to float between AR$1,000 and AR$1,400. The Central Bank can intervene in the currency market—using the IMF funds—if the FX rate moves