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Argentina Central Bank to Change Currency Band System in 2026

Bloomberg Markets
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Argentina Central Bank to Change Currency Band System in 2026

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Central Bank of Argentina in Buenos Aires, Argentina.President Javier Milei’s government announced it will change its currency trading band system and begin a reserve accumulation program at the start of next year.Beginning in 2026, the peso’s trading bands will expand at the same rate as monthly inflation, Argentina’s central bank said in a statement released after the close of local trading Monday.

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Source: Bloomberg Markets