One more restriction and going…

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One more restriction and going…

Fourth week
May 2023

On Tuesday afternoon, the National Securities Commission (CNV) published new restrictions for those who buy MEP dollar. It is the umpteenth time that the authorities seek for various reasons to make buying the market dollar less attractive. In fact, what is often called the free dollar is far from it. Importers cannot use it, there are “parking” days and now this restriction is added, which prevents operating with the MEP again in certain circumstances for a period of 15 days. With perfect timing and with a press strategy included, the AFIP says it has warned 5,700 taxpayers who bought dollars through legal means to ensure that they declare the operation accordingly. Fear as a way to restrict demand.