Argentina's central bank to intervene in for-ex

ARGENTINA - Argentina's central bank will intervene on the foreign exchange market "firmly" from today to stem the fall of the peso against the dollar, Argentinean newspaper Clarin reported, citing a senior central bank source.

According to Clarin, the central bank will target a maximum sell rate for the peso of 3.20 per dollar, while newspaper Pagina 12 reported that the central bank has decided not to let the peso dip below 3.50.

The banks and exchange houses trading dollars on behalf of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.