Argentine President Javier Millet said at the central bank's annual meeting in Buenos Aires on Tuesday evening that Argentina will move towards a flexible exchange rate after capital controls are lifted. He said that once currency surpluses are eliminated and inflation trends are targeted, then capital controls will be lifted. He did not elaborate on the flexible exchange rate, nor did he give a schedule for deregulation.

Argentine President Javier Millet said at the central bank's annual meeting in Buenos Aires on Tuesday evening that Argentina will move towards a flexible exchange rate after capital controls are lifted. He said that once currency surpluses are eliminated and inflation trends are targeted, then capital controls will be lifted. He did not elaborate on the flexible exchange rate, nor did he give a schedule for deregulation.