Last Friday marked a pivotal moment for Argentina as the nation inked a 48‑month credit agreement with the International Monetary Fund (IMF) worth US$20 billion. This landmark deal comes on the heels of critical policy reforms, including the cancellation of key components of long‑standing currency controls and a relaxation of regulations over the peso. Such measures are seen as strategic preparations for reentering international capital markets and attracting renewed multilateral and bilateral financial support.