The US dollar was trading today with no major fluctuations at banks and exchange offices after it plunged 10 cents yesterday to end at 7.91 pesos.
The Central Bank yesterday reinstated a rule that restricts the amount of foreign currency holdings banks can hold in their coffers to a maximum 30 percent of the institution’s financial liability or its liquid equity, whichever is lower. At the same time, a 10 percent limit was set for the futures currency market.
Source: Buenos Aires Herald