https://www.taxtmi.com/news?id=40691 Argentina will lift most capital and currency controls and free the peso from its dollar peg, replacing the official fixed rate with a managed currency band, after receiving IMF financing to replenish central bank reserves. The change aims to normalise currency functioning and attract investment, but depends on sufficient disbursements to prevent pent-up demand for dollars; without adequate reserves the move could trigger capital flight, devaluation pressures, and renewed inflationary risk. en-us Sat, 12 Apr 2025 06:31:04 +0530 Sat, 12 Apr 2025 06:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40691 Argentina will lift most capital and currency controls and free the peso from its dollar peg, replacing the official fixed rate with a managed currency band, after receiving IMF financing to replenish central bank reserves. The change aims to normalise currency functioning and attract investment, but depends on sufficient disbursements to prevent pent-up demand for dollars; without adequate reserves the move could trigger capital flight, devaluation pressures, and renewed inflationary risk. News - Sat, 12 Apr 2025 06:31:04 +0530 https://www.taxtmi.com/news?id=40691