USD/ARS fluctuates wildly after Argentina central bank governor Luis Caputo resigns

Eren Sengezer FXStreet

Following the reports of Argentina central bank governor Luis Caputo announcing his resignation, the USD/ARS pair fell sharply to 37.1 and quickly reversed its course to advance to a daily high of 37.45. As of writing, the pair was up 0.2% on the day at 37.38.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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