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Argentina's Central Bank restricts profit outflow

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The Central Bank of the Argentine Republic (BCRA) announced this Friday (30.08.2019/XNUMX/XNUMX) that banking entities will only be able to transfer profits abroad with prior authorization from the organization.

The new provision of the monetary authority to control the outflow of foreign currency, which comes into force on August 30.

"The Superintendency of Financial and Foreign Exchange Entities will take into account, among other elements, the potential effects of the application of international accounting standards," adds Communication "A" 6768 of the BCRA.

The Government of Mauricio Macri is going through one of the most difficult political situations since he began his administration three and a half years ago. economic instability which calls into question Argentina's financial solvency.

 

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Aduana News foi o primeiro jornal aduaneiro da Argentina a lançar sua versão digital. Com mais de 20 anos de trajetória, suas publicações e iniciativas têm como objetivo oferecer o conhecimento mais relevante sobre temas aduaneiros, contribuindo para a promoção do comércio seguro e da facilitação do comércio na região.

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