By Jorge Otaola, Karin Strohecker, Rodrigo Campos BUENOS AIRES (Reuters) -Argentina's peso slid 10% on Monday to near 1,200 per dollar after the country undid large parts of its currency and capital controls at the end of last week,

Argentina reached a $20 billion agreement with the International Monetary Fund after President Javier Milei made sweeping changes to ease the nation’s currency controls in a landmark moment for his government.

Central bank to undo a fixed currency peg and let the peso freely fluctuate within a moving band between 1,000 and 1,400 pesos per dollar.