FILE PHOTO: Governor of Argentina’s Central Bank Guido Sandleris attends a news conference at the Central Bank in Buenos Aires, Argentina August 20, 2019. REUTERS/Agustin Marcarian
BUENOS AIRES (Reuters) – Argentina’s central bank will maintain a tight monetary policy despite changes to recently implemented currency restrictions, central bank President Guido Sandleris said on Monday.
On Sunday, Argentina imposed capital controls in a bid to stem a currency rout that is sharpening the risk of default.
Speaking at a press conference, Sandleris said Argentina’s financial system was “solid.”
Reporting by Nicolas Misculin; Writing by Cassandra Garrison; Editing by Richard Chang