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Exchange stocks: those who enter the pension moratorium are prohibited from buying official and financial dollars

Exchange stocks: those who enter the pension moratorium are prohibited from buying official and financial dollars

The entity’s Board of Directors included “people in a position to avail themselves of the pension debt payment plan”, until they have canceled the debt, “among the people who are beneficiaries of State subsidies who have direct or indirect dollarization restricted, via the market of values, of their economic surpluses”.

The Directory of central bank (BCRA) defined this Thursday that People who access the new retirement moratorium that Congress approved at the end of February, or who are studying a payment plan to access a retirement, will not be able to access the purchase of savings dollars or stock dollars (MEP or CCL). .

The restriction will apply to the quota of US$200 per month for the purchase of dollar savings, which is quoted at $356 per dollar, value that results from adding the 30% of the COUNTRY tax and an advance of 35% on account of the Income Tax at the value of the official dollar, or that obtained from the purchase and sale of securities in the capital market, which are obtained around $391 (MEP) and $402 (CCL).

As detailed by the BCRA in a statement, they will have “direct or indirect dollarization, via the stock market, of their economic surpluses is restricted” to those persons who are “in a position to avail themselves of the pension debt payment plan provided by Law 27705, to the extent that they present themselves to request it, or another pension debt regularization plan, until they have canceled the debt”.

This restriction is added to another of the conditions set by Communication “A” 7105 of 2020 of the BCRA, which does not consider admissible the quota for whom “is a beneficiary of a plan or program characterized as social aid”.

In October 2020, the Central Bank ordered to prohibit the purchase for foreign currency hoarding for officials at the highest level of public administration, national legislators and managers of official banking entities.

Nor can those who save dollars buy accessed the MEP or CCL dollar in the last 90 days, monotributistas who have credits in progress at a subsidized rate, individuals who spent their quota of US$200 with a card, people who have a 12-installment payment plan for credit card debts , those who refinanced their debts with banks for personal, pledge or mortgage loans, among other criteria.

Source: Ambito

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