Point by point what the new decree establishes

The decree stated that these measures responded to "various factors that have influenced the evolution of the Argentine economy and the uncertainty generated on the financial markets".

"The executive has found the need to adopt a series of extraordinary measures to ensure the normal operation of the economy, maintain the level of activity and employment and protect the economy. consumers, "he said.

He added that "no one is limited to withdrawing dollars from their accounts, nor any natural or legal persons", which also explains why it was decided to extend the closing hours of the bank of two hours, until 17:00.

-> The most important points

• Nobody is limited to withdrawing money from his account, natural or legal person.

• There is no obstacle to foreign trade.

• There are no travel restrictions.

People:

• Individuals can purchase up to USD 10,000 per month. Compliance is required before purchases exceed this amount.

• Transfers of funds from overseas accounts can reach $ 10,000 per person per month.

Legal persons:

• Exporters must sell the foreign exchange resulting from their exports on the local market within a maximum of 5 working days after collection or 180 days after the shipping permit (15 days for commodities).

• There are no restrictions for the importation or payment of debts at the due date.

• Businesses will not be able to buy dollars to cherish.

Banks may extend their hours up to 17 hours for a month.

READ MORE

The government limits the purchase of dollars and forces to liquidate the currencies

Macri called "bring tranquility to the Argentines"