01-09-2019
Buenos Aires.- The Argentine Government today ordered September 1, 2019 a monthly purchase limit of USD 10 thousand for individuals, although there will be no restriction for the extraction of dollars, through an official bulletin issued today. It is a measure in line with the Decree signed by the President of the Nation, Mauricio Macri, which states that as of this Monday the purchase of foreign exchange and transfers abroad will require authorization from the Central Bank. For human persons, transfers of funds from accounts of more than USD 10,000 per person per month may not be made, while legal persons will not have restrictions for the importation or payment of debts at maturity. On the other hand, companies will not be able to buy dollars to treasure. The DNU that was published this Sunday in a special edition of the Official Gazette explains: "Given the recent economic-financial events unleashed, of public knowledge, and the uncertainty generated in the context of the current election process, it is necessary to adopt temporary and urgent measures to regulate the exchange rate with greater intensity. "
01-09-2019
Buenos Aires.- The Argentine Government today ordered September 1, 2019 a monthly purchase limit of USD 10 thousand for individuals, although there will be no restriction for the extraction of dollars, through an official bulletin issued today. It is a measure in line with the Decree signed by the President of the Nation, Mauricio Macri, which states that as of this Monday the purchase of foreign exchange and transfers abroad will require authorization from the Central Bank. For human persons, transfers of funds from accounts of more than USD 10,000 per person per month may not be made, while legal persons will not have restrictions for the importation or payment of debts at maturity. On the other hand, companies will not be able to buy dollars to treasure. The DNU that was published this Sunday in a special edition of the Official Gazette explains: "Given the recent economic-financial events unleashed, of public knowledge, and the uncertainty generated in the context of the current election process, it is necessary to adopt temporary and urgent measures to regulate the exchange rate with greater intensity. "