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Argentina: Citizens no longer allowed to buy dollars for saving purposes

Description

On 5 July 2012, the Central Bank of Argentina announced that it would not allow citizens to buy dollars for the purpose of saving them. Up until this decision, individuals could use pesos to buy up t...

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Intervention Details

Intervention Type

Control on personal transactions

MAST Chapter

Capital control measures

Implementation date

05 Jul 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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