On 2nd September, The Economist carried an article saying that Argentina abolished capital controls in 2015. However, on September 1st, after weeks of market turmoil, a decree reimposed controls in an attempt to shore up the currency. Argentines’ purchases of dollars will be capped at $10,000 a month and companies will face restrictions on their ability to purchase dollars in the foreign-exchange market and to pay dividends to investors abroad.
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