BCRA limits CEDEAR holdings for companies that access the forex market

Thursday, July 21, 2022

The Board now counts CEDEAR holdings towards the USD100,000 limit for companies that have access to the forex market.

The Board of the BCRA has decided to count any holdings of Argentine certificates of deposit (CEDEARs) towards the USD100,000 limit applicable to companies that have access to the forex market.

The Board has also determined that these instruments may not be traded 90 days before or after entering the forex market.

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