Argentina: Abolition of foreign exchange restrictions for foreign investors
Following the Ministry of Finance Resolution 1/2017, dated 5 January 2017 (Resolution 1/2017 modifies Decree No. 616/2005 and Resolution 3/2015), the Central Bank of Argentina (BCRA) has issued Communication “A” 6150, announcing the abolition of the 120 calendar day holding period applicable to portfolio investments effective
13 January 2017
Clearstream is currently reviewing the changes to the existing repatriation procedures with its agent.
Until further notice, the existing procedures remain in place.
We will continue to monitor the situation and provide more information when it becomes available.
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