This is the third precautionary measure in the year that Justice grants to the province, given the Central Bank’s impediment to purchasing foreign currency.
The Federal Justice this Wednesday endorsed the claim of the province of Cordova and the Central Bank of the Argentine Republic (BCRA) you must sell them dollars at the official price to face a debt maturity in foreign currency planned for the Sunday December 10.
He 2nd Federal judge. Nomination of the City of Córdoba, Alejandro Sánchez Freitesgranted the precautionary measure requested by the Government of Córdoba in the action of protection initiated against him BCRAdue to the resolution that prevented access to the Single Exchange Market to acquire dollars to face debt maturities in foreign currency. This way, Cordova you will be able to access the purchase of foreign currencies.
BCRA Central Bank
Ignacio Petunchi
“Declare the inapplicability of Communication “A” 7904, dated 11/30 of the current year, and order the defendant that once notified of this resolution allows the plaintiff with the necessary immediacy to access the exchange market to acquire foreign currency to pay off obligations for capital and interest in foreign currency (dollars), whose maturity operates on December 10 of the current year, all in accordance with the foundations developed in the recital of this statement,” maintains the resolution published by the news portal of the Government of Córdoba.
“Give rise to the lawsuit filed by the Province of Cordobaagainst the BCRA and declare the inapplicability of Communication “A” 7782, without prejudice to the full validity of the payments made as a result of the execution of the precautionary measures ordered, and confirmed by the Court, and of those payments that had been made within the framework of the partial agreement, “because the latter are the result of a free agreement of wills,” adds the official statement of the justice.
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It’s about the third favorable resolution that the province receives from the Justicesince last June and July precautionary paths were also obtained that allowed him to access the Dollars to pay international credit maturities.
Source: Ambito
