Argentina’s Caputo Brokers Deal With the IMF He Once Battled
- Economy minister leading talks over $44 billion program
- Caputo left central bank in 2018 amid tensions with lender
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The last time Luis Caputo negotiated with the International Monetary Fund, fierce disagreements over how to manage Argentina’s struggling currency caused him to quit his job as the country’s central bank chief.
A little more than five years later, Caputo is back for a second act, and the IMF that forced his exit during those 2018 talks is cheering his initial efforts to salvage an economy that plunged further into crisis.