Prior authorization required today for forex market transactions

Monday, 11 de December de 2023
The BCRA has decided that all foreign exchange transactions are subject to prior authorization from now on to give the Executive enough time to appoint the new Board.

The BCRA has decided today that all transactions involving a demand for foreign exchange in the forex market will be subject to prior authorization.

This measure seeks to give the Executive enough time to conduct the administrative procedures required to appoint the new authorities, and to announce and implement the policies they will design.

During the transition period, forex transactions shall be analyzed and authorized based on their priority.

 

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