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2019-10-29 10:40:22

Argentina further imposes capital controls; sharply cuts USD buying limits to $200 a month

The central bank of Argentina has further imposed restrictions on U.S. dollar (USD) purchases to “maintain exchange stability and protect reserves.” Individual Argentineans will now be limited to USD purchases of $200 per month from the previous 10,000 per month limit, according to a statement published by the central bank on Sunday.The post Argentina further imposes capital controls; sharply cuts USD buying limits to $200 a month appeared first on The Block.