Max Purchase US$200 per Month for individuals..!

FYI Alberto F asked MM a limit of 2000 usd, so, go and complain with the President: Mauricio Macri.

Very excited that in one week Alberto F will be president and raise the limit to 2000 usd as he asked Mauricio Marci to do!
 
shocking.

but we were told that alberto was the noble one and macri was the bad guy.
 
If they set it much higher someone might buy the last dollars en blanco that the nation has.
 
With the new 30% tax, $200 has basically come down to 0. So much for that $2,000 per month as Alberto wanted according to BajoC
 
It's practically a 30% devaluation for anyone that wants to save.

Is hyperinflation coming?
 
It's practically a 30% devaluation for anyone that wants to save.

Is hyperinflation coming?

Isn't the 30% only on foreign tourism and digital purchases where currency conversion has to occur, and credit card usage abroad? That doesn't affect your average Argentine unless you're counting Netflix or Steam.

Honestly, this is for the most part a tax on the wealthy only if the above is true. They should make sure to make an exception for commercial digital services though, since there's a fair bit of those and a rise in those could affect domestic consumer pricing.
 
Isn't the 30% only on foreign tourism and digital purchases where currency conversion has to occur, and credit card usage abroad? That doesn't affect your average Argentine unless you're counting Netflix or Steam.

Honestly, this is for the most part a tax on the wealthy only if the above is true. They should make sure to make an exception for commercial digital services though, since there's a fair bit of those and a rise in those could affect domestic consumer pricing.

No. It will now also be applied to buying dollars from the bank for savings.

 
No. It will now also be applied to buying dollars from the bank for savings.


Ah, didn't see that one, thanks. Yeah, that's basically a 30% devaluation on current and future peso savings for anyone that wants to save in dollars.

It makes sense for the government to do that since they have very low reserves now as it'll make people think twice about purchasing dollars and might cause them to spend more on goods instead. I'm sure it still hurts for the people afraid of inflation and with means to hedge it though.
 
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