In the midst of the reserve hemorrhage, the Central Bank decided this Thursday to tackle a new exchange rate adjustment. This was announced by the board of directors of the institution those who have entered the pension moratorium will not be able to buy dollars. The restriction applies to access to the official dollar and also to quotations that operate on the stock market, such as the MEP dollar.
“The Board of Directors of the Central Bank of the Argentine Republic has included persons able to benefit from the pension debt payment plan provided for by Law 27705, to the extent that they present themselves to request it, or from another pension debt regularization plan , until both have canceled debt, among recipients of state grants that have limited the direct or indirect dollarization, via the stock market, of their economic surpluses,” the agency said in a brief statement.
The measure is part of the package that was agreed with the IMF two weeks ago.
Source: Clarin
