10 years ago
Argentina Targets Online Purchases to Slow Dollar Reserve Drain
Argentina tightened foreign currency restrictions for a second straight day by further limiting the purchases of goods online, escalating an effort to arrest a decline in dollar reserves. Argentines will be limited to two Internet purchases abroad for delivery at home per year using credit cards, according to a resolution by the tax agency published in the official gazette. The tax agency, known as AFIP, increased paperwork on online shopping yesterday.
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