On Friday, in the midst of a sharp rise in parallel dollars, importers were prevented from buying dollars through banks and this caused concern in the city. Can there be less currency buying this Monday?
On Friday, in the midst of a strong escalation of the parallel dollars, importers were prevented from buying dollars through the banks and that generated concern in the city because rumors began to spread that linked to some measure to prevent the purchase of foreign currency. Is this Monday already solved the problem?
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He Central Bank (BCRA) made various adjustments to the Foreign and Foreign Exchange regulations through Communication “A” 7746 and, among them, provided that, within the advancement of information on the request for foreign currency for importers in the official exchange market (MULC) that financial entities must carry out, information is included on whether the provider is a related counterparty or not.
However, Ambit was able to find out that 19 banks, among them the most representative, updated their systems, opening the possibility of starting to operate more quickly. The rest will surely make their presentations on Monday.
The entities had to incorporate the fields “Name of the foreign beneficiary” and “Operations with related parties” in the Information Regime in which it anticipates operations to access the foreign exchange market for amounts greater than US$10,000.
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The rest of the concepts that are reported are CUIT and denomination, expected date of the operation, concept and equivalent amount in US dollars, among others.
The new information is necessary to prevent fraudulent operations and to be able to count on the cooperation of the countries that are trading partners, according to official sources.
Source: Ambito

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