In this May 8, 2019 photo, a woman counts 5,000 Bolivars, almost one dollar, to buy a bag of bananas in the Petare area of Caracas, Venezuela. After 16 years of currency controls, the government is ...
(Bloomberg) -- More than a year after Javier Milei became president, strict exchange controls remain the biggest hurdle for foreign investors looking to allocate funds toward Argentine assets. Milei ...
Despite approving Argentine President Javier Milei's management in a broad way, the International Monetary Fund suggested the South American country should pay more attention to exchange rate arrears ...
Forbes contributors publish independent expert analyses and insights. Kathleen Peddicord covers moving, living, and investing overseas. To buy property, make an investment, fund a bank account, or ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account ...
Argentina secures a $20B IMF deal, surpassing expectations, with $12B available immediately, boosting confidence in the government's pro-market reforms and economic stability. The lifting of currency ...
Yesterday, President Mauricio Macri chose to impose capital controls on Argentina. Since being elected, Macri has been reluctant to reform—a gradualist, “do-nothing” president. But, when backed into a ...
The President’s recent announcement of a series of foreign-exchange measures has drawn wide attention, including a Stabroek News article quoting newly elected APNU MP and businessperson Terrence ...
CARACAS (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls, according to a central bank resolution ...
THRICE since the end of hostilities have English exchange difficulties assumed the character of a world crisis. The first came when Lend-Lease was ended and it became clear that the United Kingdom ...
Ghana’s central bank has introduced a raft of measures to ease foreign currency controls in what has been described as a desperate attempt to shore up the struggling local currency. The Bank of Ghana ...