Argentine Central Bank Eases Foreign Exchange Regulations for Micro, Small, and Medium Companies to Access the FX Market

Communication “A” 7990 of Argentine Central Bank, issued on April 11, 2024, eased the regulations for individuals or legal entities qualifying as Micro, Small, and Medium Companies (MSMEs) to pay their imports of goods officialized as of April 15, 2024. The decision was made following the evolution of the economic situation, the greater exchange rate predictability, and the financial liquidity conditions. 

From now on, imports of goods—including those with pending customs entry registration for up to 20% of the FOB value of capital goods—may be fully paid through the foreign exchange market within 30 calendar days as of the customs entry registration of the goods.

Imports of natural uranium, enriched uranium and its compounds, heavy water, or zirconium and its manufactures to produce energy or fuels may be fully paid as of their customs entry registration date.