Argentina exchange-rate debate: Cavallo slams intervention, Kirchnerist urges tighter cepo

Former economy minister Domingo Cavallo criticized the government's official intervention in the dollar, comparing it to the price controls of former commerce secretary Guillermo Moreno, signaling a policy rift. Meanwhile, Kirchnerist economist Emmanuel Álvarez Agis proposed tightening exchange restrictions for individuals, indicating a potential shift toward more capital controls. The debate highlights uncertainty over Argentina's exchange-rate policy, which could affect market sentiment and the peso.

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