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The Argentine central bank cut its monthly dollar purchase limit sharply to US$200 per month via bank account and US$100 in cash, through December. The move follows a fall in forex reserves and replaces the earlier US$10,000 restriction imposed in September.
Sharply tighter dollar access reflects reserve stress and currency controls that can slow trade payments and disrupt Argentine feed and oilseed export flows.
reuters.comOct 28, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
