# Adjustments to safeguard foreign exchange stability | BCRA

> The Argentine central bank (BCRA) set new limits on foreign currency purchases to protect international reserves. Individuals may buy up to US$200 per month from their peso accounts, with up to US$100 in cash, and larger purchases need central bank approval.

- Date: 2019-10-27 · published 2019-10-27T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/56857-adjustments-to-safeguard-foreign-exchange-stability-bcra
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Tighter dollar access keeps the peso managed and supports reserves, but it adds uncertainty for importers and exporters in Argentina's oilseed and grain trade, which can affect export pace and local meal and oil pricing.

## Read by commodity

- USDARS: neutral

## Sources

- bcra.gob.ar: https://www.bcra.gob.ar/en/news/adjustments-to-safeguard-foreign-exchange-stability/

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