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Argentina Eases Dollar Loans for Companies: Caputo Says 'Now Is the Right Timing'

Argentina's Economy Minister Luis Caputo announced on Thursday, August 13, 2026, a partial easing of dollar-denominated loans for businesses, aiming to boost credit in key sectors like construction and automotive. He stated that high peso interest rates and the Tax Innocence Law make this the appropriate moment, encouraging people to deposit dollars instead of keeping them under the mattress.

Argentina Eases Dollar Loans for Companies as Deposits Hit Record $40 Billion

Economy Minister Luis Caputo announced a partial relaxation of dollar-denominated loans for businesses, highlighting a surge in foreign currency deposits from $14 billion to $40 billion and loans from $3.7 billion to $24.7 billion since he took office. The move aims to boost credit, employment, and economic recovery.