Argentine currency controls (2011–2015)

Argentina installed foreign exchange controls in 2011, at the beginning of the second presidency of Cristina Fernández de Kirchner. Those controls limited the ability to buy or sell any foreign currency. The restriction was informally known in Argentina as Cepo cambiario (Spanish for 'exchange clamp'). The controls were lifted in 2015, at the beginning of the presidency of Mauricio Macri.