VOICED : Argentinos reaccionan ante estricto control cambiario tras presidenciales

The Central Bank of Argentina has reduced the monthly limit for dollar purchases from $10,000 to $200 to protect international reserves during the transition to the new government led by Alberto Fernández. Since August, the Central Bank has lost $22 billion, with reserves now at $43.5 billion. The measure has caused discontent, especially among the middle class, who save in dollars to hedge against inflation and devaluation. The Buenos Aires stock market fell by 3.90% after an initial rise, and the exchange rate increased by 2.38%. Argentina is facing a recession, high inflation, rising poverty, and significant debt, with a $57 billion IMF loan requiring fiscal adjustments.

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