The reaction of the world's media to the return of exchange control in Argentina



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At 2:15 pm, the news began to circulate in Argentina and quickly spread to media worldwide. Half an hour later, the international news agency AFP issued an alert on Twitter. "Last moment: Argentina imposed an exchange control to calm the markets "he announced.

But it is not only this measure that has prompted criticism by major international media for a Liberal government that has resorted to anti-crisis measures criticized in the past.

"Argentina is the last disaster of Christine Lagarde", they titled in a note of opinion signed by the journalist Matthew Lynn which starts with an acute question: "How much more savings should Cristine Lagarde ruin before giving up?"

On Sunday, even the Russian web Sputnik Mundose echoed the actions. "Argentina's President, Maurico Macri, has signed a decree setting a limit to the purchase of foreign currencycommented on Twitter.

The agencies NTN24, Reuters and RT have also published an alert on their social networks. "# WARNING Macri applies exchange control measures in Argentina to calm markets # 1Sep", it could be read on NTN24, while Reuters explained that" the Argentine government allows the Central Bank to restrict purchases of foreign currency. "

Before stocks, the newspaper The country from Spain titled "The horrible August of Argentina" and described Macri's political moment as "an agonizing end of mandate, with a continuous depreciation of the currency and a risk of suspension of payments ".

Reuters

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