The Central Bank announced a major policy shift easing access to foreign currency loans. Communication “A” 8202 scraps a 2016 rule that restricted banks from offering dollar credit to most sectors. Now, financial institutions tap external funds to lend freely, sparking interest among businesses and individuals. This change reverses a limit set under Federico Sturzenegger, when banks could only fund exporters with dollars from abroad.
February 21, 2025
SOURCE: RIO TIMES
Argentina’s Central Bank Loosens Dollar Credit Rules for All
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