Argentina Imposes New Restrictions on Parallel Exchange Rates
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Argentina’s government prepared two different sets of measures on Saturday aimed at limiting operations in the parallel exchange rate known as the blue-chip swap rate.
The securities regulator, known as the CNV, flagged a set of restrictions to local brokers that will reduce the amounts made on bond sales each week and modify the timeframe for brokers to hold certain assets, according to two people with direct knowledge of the matter.