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69:, required that individuals and businesses who sought to buy dollars request permission, which may depend of the financial status of the buyer. However, the implementation of the rules was arbitrary. In February, restrictions were applied to all international payments in dollars, such as imports. This also affected the ability of foreign investors to return their earnings to their own countries.
83:, the country had very low foreign reserves and a high inflation. After the 2015 elections, President Mauricio Macri hoped that by lifting the extreme currency controls it would help spark a wave of foreign investment that would help battle the dwindling foreign reserves and a double-digit inflation.
75:
In June 2012, AFIP forbade the purchase of dollars, except for a limited number of activities. As the country had a high inflation at that point, people used to buy dollars to keep the value of their money. The use of dollars for tourism received more limits a couple of months later: people would
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sought sources of financing, such as international banks and grain exporters. It was estimated that the grain exporters had billions of dollars in stockpiled grain harvests, waiting for the changes to sell them.
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The use of credit cards abroad was also restricted. As of May 2012, people could only buy dollars for 25% to 40% of their wages.
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35:. Those controls limited the ability to buy or sell any foreign currency. The restriction was informally known in Argentina as
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by companies, and limited the purchase of dollars by individuals to a maximum of US $ 10,000 per month. After the
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for 'exchange clamp'). The controls were lifted in 2015, at the beginning of the presidency of
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only receive the local money of the country that they visited, and only 7 days before the trip.
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By 2014, following
Cristina Fernández de Kirchner use of central bank reserves to prop up the
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183:"El dólar blue alcanzó un nuevo récord: cotizó a $ 16,11, a seis días de las elecciones"
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The first restrictions were imposed on
October 31, 2011. The Tax and Customs Authority,
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that he would cancel the restrictions immediately, as part of the reforms to promote
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Official USD (blue) and black market USD (orange) from
January 2011 to January 2016.
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296:"Cepo. Endurecen el cepo cambiario y sólo se podrán comprar US$ 200 mensuales"
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244:"Argentina lifts currency controls, floats peso in bid to boost economy"
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215:[Exchange lockout: timeline of four years of restrictions].
213:"Cepo cambiario: cronología de estos cuatro años de restricciones"
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314:"Cepo "total": Sólo se podrán comprar 200 dólares por mes"
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in 2011, at the beginning of the second presidency of
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327:Mander, Benedict; Smith, Colby (September 2019).
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1007:Presidency of Cristina Fernández de Kirchner
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136:restricted the purchase of foreign currency
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149:after currency controls were reinstated.
271:"Argentina Set to Devalue Its Currency"
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108:Minister of Treasury and Public Finance
818:2018–present Argentine monetary crisis
269:Jonathan Gilbert (December 16, 2015).
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813:Argentine currency controls (2011–15)
397:Conflict with the agricultural sector
329:"Argentina imposes currency controls"
18:Argentine currency controls (2011–15)
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1022:2015 disestablishments in Argentina
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1017:2011 establishments in Argentina
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145:The value of the Argentine peso
617:2012 Buenos Aires rail disaster
219:(in Spanish). December 16, 2015
479:Universal allocation per child
474:Same-sex marriage in Argentina
374:Cristina Fernández de Kirchner
33:Cristina Fernández de Kirchner
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1012:Economic history of Argentina
597:2013 Buenos Aires train crash
407:Argentine debt restructuring
402:Argentine currency controls
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1027:Foreign trade of Argentina
622:Murder of Mariano Ferreyra
448:2013 legislative elections
438:2009 legislative elections
100:2015 presidential campaign
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823:Historical exchange rates
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495:September 2012 cacerolazo
29:foreign exchange controls
607:Conflicts with the media
582:The Route of the K-Money
417:Renationalization of YPF
140:October general election
758:Railway nationalization
696:Attempted assassination
453:2019 general elections
443:2011 general elections
433:2007 general elections
119:Return of the controls
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793:Railway privatisation
754:Agricultural colonies
129:2019 primary election
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988:Argentina portal
950:Provincial economies
808:2008 farmers' strike
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553:Unidos y organizados
27:Argentina installed
945:Ministry of Economy
788:Convertibility plan
632:Schoklender scandal
627:Noble siblings case
302:. October 27, 2019.
250:. December 17, 2015
87:End of restrictions
909:Telecommunications
316:. 28 October 2019.
275:The New York Times
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94:, who opposed the
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280:December 17,
278:. Retrieved
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254:December 17,
252:. Retrieved
248:The Guardian
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223:December 17,
221:. Retrieved
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190:. Retrieved
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167:Money portal
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123:After a new
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833:Agriculture
778:Spring plan
548:Nunca menos
533:Kirchnerism
125:devaluation
1001:Categories
783:BONEX plan
612:Boudougate
538:La Cámpora
382:Presidency
153:References
935:Companies
768:Rodrigazo
426:Elections
300:La Nación
217:La Nación
187:La Nación
96:Kirchners
965:Taxation
575:Scandals
525:Advocacy
192:4 August
914:Tourism
877:Banking
856:Whaling
851:Tobacco
756:·
746:History
53:History
43:Spanish
904:Mining
894:Energy
846:Timber
646:Family
390:Events
923:Other
672:Other
861:Wine
841:Beef
462:Laws
282:2015
256:2015
225:2015
194:2016
81:peso
67:AFIP
515:18F
510:13N
505:18A
1003::
500:8N
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233:^
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41:(
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