Argentina Economy Minister Claims Dollar Surplus, Signals Lifting FX Controls

Argentina's Economy Minister Luis Caputo, at IMF/World Bank Annual Meetings, defended the government's management and asserted a 'dollar surplus' exists, stating that currency inflows from the RIGI investment incentive scheme will enable lifting pending exchange restrictions. This signals a potential easing of capital controls, though the timeline and conditions remain uncertain. The claim is a policy signal from a key official, not yet corroborated by data.