Behind Argentina’s 2025 Peso Slide: Trade, Tourism, and Policy Intersect

Argentina’s peso sharply lost value in early 2025. Official government and central bank data reveal the causes as a mix of policy changes, trade imbalances, and shifting market dynamics rather than sudden shocks. In April, authorities relaxed strict currency controls and introduced a managed exchange rate band between 1,000 and 1,400 pesos per U.S. dollar. […]