What is the stocks
In Argentina, the term stocks It is used colloquially to describe The restrictions imposed on the purchase of foreign currencies, such as the dollar. However, these limitations do not apply solely to the acquisition of currencies: they also reach capital movements to the outside, including the importation of goods and services.
The implementation of these measures lies, in large part, in the Central Bank, although other control agencies also intervene, such as the National Securities Commission (CNV).
According to the definition of the International Monetary Fund (IMF), exchange controls consist of “a series of measures taken on certain aspects of capital flows that enter and leave a country”. The agency explains that these tools are used, among other reasons, to “apply anti -cyclical monetary policies and reduce the accumulation of risks against persistent and large volume capital entries.”
The BCRA releases the stock for the purchase of foreign currency
With this, this Monday, the restrictions for the purchase of currencies by natural and legal persons, including the monthly stop of US $ 200 for individuals, were ended, so All people can buy dollars through their digital channels (Home Banking and App) at the price set by the market within the band established by the Central Bank, which ranges between $ 1,000 and $ 1,400.
In addition, all access restrictions linked to government assists received during pandemia, subsidies, public employment, inter alia. The modifications were announced by the BCRA through communication to 8226.
For its part, it should also be noted that the Customs Collection and Control Agency (ARCA) eliminated the tax perception in force for foreign currency purchases in the market. Despite the removal of numerous limitations, from the institution they clarified that The tax for tourism and credit card payments will remain abroad.
Banking entities began notifying their clients about the changes that will begin to govern today. According to a communication that a bank sent, resident natural persons will be able to access the purchase of currencies “without amount of amount for local possession” and “for savings in accounts abroad of the client’s ownership” whenever they accredit “the corresponding economic capacity through income and/or assets consisting of savings in foreign currency.”
What is the limit for the purchase of dollars in cash per windilla
The BCRA eliminated the stop to buy dollars with cash by window
While digital operations will not have amount limits, Yes there will be restrictions for those who wish to buy dollars in cash by window.
Communication “A” 8226 of the Central Bank establishes that you can buy a maximum of US $ 100 per month in cash and a sworn declaration that certifies not having exceeded that amount in the bank of the banking system.
This limitation Applies exclusively to face -to -face purchases in cashand does not affect virtual purchases through Home Banking.
Chau Stop: The BCRA suppresses the Blend dollar for export and enables immediate import payment
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Among the novelties of the government, the dollar “Blend” will be suppressed, a regime that allowed exporters to liquidate their sales abroad 80% in the official market and 20% in the financial, seeking to unify the exchange rate and improve the accumulation of reserves. And the distribution of utilities abroad will be allowed from balances initiated as of January 1, 2025.
In the case of natural and legal persons, a bank reported that ” new officials official since 04/14/25 will be able to access the MLC immediately“, while those that would have previously formalized “maintain the 30 -day period.” In addition, facilities “are extended for advance payments and the view for MSMEs and non -sumptuous capital goods, respecting certain stops on the FOB value.”
Regarding the services hired since April 14 with unrealized third parties “they can be paid from the date of provision or accrual.” In the case of import freight, “from the arrival of the merchandise to the country”. While when it is between linked companies “the minimum waiting period of 180 to 90 days is reduced.”
On the other hand, by the time of operations linked to the importation of energy or fuel, the limit to the formation of external assets is eliminated. Likewise, in the event that an operation exceeds US $ 100,000, it must be informed 48 hours in advance.
BCRA designs a new bopreal
In addition, in relation to stocks, The BCRA works in the design of a new series of bonds for the reconstruction of a free Argentina (Bopreal). In detail, these titles may be acquired in pesos.
The objective is to be used to face outdoors related to debts or dividends prior to 2025in addition to commercial debts with a date prior to the December 12, 2023.
Chau Cepo to the dollar: What will happen to the prices of Netflix, Disney, Amazon and Spotify
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Until Friday, purchases abroad by card were settled to the so -called “Dollar Card”composed of the official dollar plus a surcharge of the 30% corresponding to perceptions for advancement of profits and personal goods. However, with the lifting of the stocks and the decision of the government of unify exchange ratesthis scheme ceased to make sense.
The measure was driven because, with tax surcharges, the dollar card used to exceed Official flotation bandseven arriving above $ 1,400. To avoid this distortion, the Ministry of Economy resolved Eliminate those taxes on certain operations in foreign currency, and thus advance on the road to the normalization of the exchange market.
From now on, those who have made consumption in dollars with credit or debit card before this change, will see in the summary the detailed tax as “DB.RG 5617 30%”but this is Calculate the official quotation of the day before the closing of the summaryregardless of when the operation was completed.
Nevertheless, When the stock is released, the concept of “dollar card” loses validitysince users can buy dollars freely through Home Banking – In what so far it was known as “Savings Dollar” – and also pay its consumption at the official exchange rate.
The new provisions were published Monday in the Official Gazette and They come into effect immediately. From now on, All exchange operations They must adapt to the new scheme defined by the General Resolution 5672 of the Customs Collection and Control Agency (ARCA).
Source: Ambito
