By Rodrigo Campos and Laura Matthews

NEW YORK (Reuters) -Investors are urging Argentina’s government to allow greater flexibility in its foreign-exchange regime, saying a more dynamic peso would help rebuild reserves and sustain foreign investment, even as top officials insist the current band system will remain unchanged.

President Javier Milei and Economy Minister Luis Caputo have repeated that they will defend the existing framework of daily peso adjustments within a widening band. The policy is said to be in place through the 2027 presidential election, in which Milei is expected to seek reelection.

Yet money managers say Milei’s reluctance to let the peso float risks constraining growth and foreign currency inflows at a time when Argentina is trying to consolidate stability after l

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