Argentina on Sunday imposed foreign-exchange controls on exporters as it closed out a week of financial uncertainty that saw a sharp drop in the peso. Exporters were ordered to seek permission ...
South Africa’s exchange controls have long been contentious among local economic thinkers. The regulations, now around 63 years old, allow the government to regulate the flow of money in and out ...
The central bank yesterday eased foreign exchange controls by doubling the remittance ceilings for individuals and corporate entities to support the government’s effort to build Taiwan into a regional ...
Argentina has had strict currency controls in place for the past nine out of 13 years. They include a tightly managed exchange rate that is on average 20% stronger than the market rate.
A repeal of the Exchange Control Act, which grants the Central Bank the authority to manage foreign currency distribution, could help address these concerns and ensure fairer access for all.
Milei said his government would adopt a “flexible” exchange rate on the peso after it lifts capital controls at an undetermined time. It’s the first inkling that the libertarian intends to ...
Argentina had a free-floating exchange rate from late 2015 to 2019 before a run on the peso amid election volatility forced the government at the time to slap controls back in place. Since then ...