The restrictionsOn the other hand, the Central Bank extended the timeframe in which it sells US dollars at the official rate to companies. The Central Bank will also start requiring previous authorization for intra-company debt payments in US dollars. The Central Bank said these measures postpone making US$2 billion in payments, which would further deplete its international reserves for 2023. The Central Bank is currently facing an international reserve scarcity crisis, the main cause of the surge in the parallel US dollar rates. Today, for the first time this week, the Central Bank recorded a positive balance, bringing in US$44 million.

Source: Bueno Aires Herald April 21, 2023 05:05 UTC