Argentine companies transferred USD 1.015 billion in dividends abroad in June, marking the highest monthly outflow in a decade.

The surge follows a relaxation of the country's strict currency controls, allowing major sectors to repatriate profits that had been trapped domestically for years.

The Central Bank of Argentina (BCRA) reported that the energy, food and beverage, mining, and financial sectors led the payments.

The Central Bank of Argentina (BCRA) reported that the energy, food and beverage, mining, and financial sectors led the payments.

This influx of corporate repatriations contributed to a surplus in the current exchange account for the month, a rare positive balance in a market historically constrained by capital flight and foreign-exchange shortages.

The development underscores a shift in Argentina's economic policy, moving away from the rigid capital controls that characterized previous administrations.

For investors, the ability to receive dividends in hard currency is a critical signal of improving liquidity and reduced regulatory risk for listed equities in Buenos Aires.