Argentina imposes limit on dollar purchases

Posted on January 30, 2014 • Filed under: Argentina, Economy, TRAVEL

bbc.co.uk reported that Argentina said citizens can buy up to $2,000 (£1,210) per month if their monthly salary is over 7,200 pesos ($900), after a two-year ban on buying dollars. But large businesses and investors will not be able to make the purchases. Last week, Argentina said it would ease restrictions after the peso fell 11%, its sharpest daily fall in 12 years. Read Article

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