Argentina Eases Dollar Loan Rules: A Gamble to Boost Economy or a Path to Crisis?

On August 13, 2026, Argentina's Economy Minister Luis Caputo announced a relaxation of strict regulations that had limited dollar-denominated loans since the 2001 crisis. Banks can now lend up to 15% of their dollar deposits to companies that don't generate foreign currency. While the government sees this as a way to reactivate the economy, former central bank officials and economists warn it could create systemic risks and repeat past mistakes.