Currencies

Milei Team Seeks to Contain Speculation Over Exchange-Rate Band

WATCH: Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, actually pretty quickly. So Argentina is doing a transition to a floating exchange rate,” Federico Sturzenegger told the Bloomberg Global Regulatory Forum on Tuesday.Source: Bloomberg

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By Nicolle Yapur and Jorgelina Do Rosario

October 14, 2025 at 5:31 PM UTC

Updated on

October 14, 2025 at 6:20 PM UTC

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Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar.