# Argentina Returns to Kirchner’s So-Called Tourist Dollar Fee - Bloomberg

> Argentina will return to a 'tourist dollar' policy that charges a surcharge on foreign-currency transactions over the official rate. The measure is aimed at protecting dwindling international reserves, according to Cabinet chief Santiago Cafiero.

- Date: 2019-12-14 · published 2019-12-14T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/55848-argentina-returns-to-kirchner-s-so-called-tourist-dollar-fee-bloomberg
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

The surcharge tightens access to dollars for Argentine buyers and farmers, which can slow import demand and make the peso's official rate less reliable. Its effect on farm exports is indirect and mainly depends on how the broader export tax and currency policy develops.

## Read by commodity

- USDARS: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-12-14/argentina-may-return-to-kirchner-s-so-called-tourist-dollar-fees

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.