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Global Trade Alert

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Argentina: Argentina lifts restrictions on certain foreign capital inflows

Description

Through Communication A 5020, the Argentine Central Bank repealed the 30% cash position which was required to foreign capital inflows originating from overseas sales of shares and securities.

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

18 Dec 2009

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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