Economy Minister Amado Boudou reiterated today that the new rules for foreign currency purchase in effect today are aimed towards discovering the “origin” of funds as opposed to the “destination” of the money.
Boudou remarked everything is “in order” and assured buyers are to remain “unconcerned.”
“New rules take same time as a credit card approval for an ordinary sale,” said the minister. “We’ve been working to fight money laundering, which has to do with battling the informal economy, the black market, and this is a measure in that sense,” Boudou stressed.
Source: Buenos Aires Herald