ANNOUNCEMENT 02 Nov 2017
The Argentine Government eliminated the obligation to settle foreign exchange transactions applied to exporters.
NUMBER OF INTERVENTIONS
InfoLeg. Poder Ejecutivo Nacional. Decreto 893/2017. Available at: http://servicios.infoleg.gob.ar/infolegInternet/anexos/285000-289999/285798/norma.htm
On November 2, 2017, the Argentine Executive issued Decree 893/2017 eliminating the obligation imposed on exporters to negotiate their currencies in the official exchange market. The main consequences of the new legislation are the following: