BCRA loosens restrictions and makes access to dollars more flexible for importers

BCRA loosens restrictions and makes access to dollars more flexible for importers

At a new Board meeting, the BCRA decided to repeal some current regulations that affected the free operation of companies and individuals.

At a new meeting of the Board of Directors, the central bank relaxed regulations that impact parallel dollars and access to the MULC by the importers. He announced it through an official statement in which confirms the path towards the unification of the exchange rate.

“The Central Bank of the Argentine Republic (BCRA) took a new step in the process of removing and “to relax the regulations for access to the exchange market, with the ultimate goal of completely eliminating restrictions,” he explained at the beginning of the statement.

Dollar: what are the measures that relax the exchange rate restrictions?

1. Shorten the deadlines for companies that access the Free Exchange Market (MLC) to pay for imports.

2. Increase the amount that service exporters are not required to pay into the MULC.

3. Allow people who have received some assistance from the State during the pandemic or who benefit from subsidies for the consumption of public services to carry out foreign exchange transactions through securities in foreign currency.

News in development.-

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts