ANNOUNCEMENT 18 Dec 2009

In December 2009, the government of Argentina announced a rule change for commercial cross-border financial flows.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Argentine Central Bank Communication A 5020: http://www.bcra.gov.ar/pdfs/comytexord/A5020.pdf


Inception date: 18 Dec 2009 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

Through Communication A 5020, the Argentine Central Bank repealed the 30% cash position which was required to foreign capital inflows originating from overseas sales of shares and securities.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A