VOICED : Argentina flexibiliza el cepo, con restri

Argentina has slightly eased its currency controls, allowing limited monthly purchases of up to $2,000 or 20% of average income. Restrictions remain for those earning less than $900 monthly and for large investors. A 20% tax applies unless the dollars are deposited in a bank for a year. Despite a planned reduction, a 35% tax on foreign card purchases remains. These changes follow a 15% devaluation of the Argentine peso amid global currency turbulence.

What is the maximum amount of foreign currency an individual can purchase monthly under the new regulations?

• 4,000 dollars

• 3,000 dollars

• 2,000 dollars

• 1,000 dollars

Who is restricted from purchasing foreign currency under the new rules?

• Individuals with monthly incomes over 900 dollars

• All citizens regardless of income

• Large investors and companies

• Tourists visiting Argentina

How can buyers avoid the 20% tax advance on foreign currency purchases?

• By showing proof of travel abroad

• By using a credit card for the purchase

• By depositing the currency in a bank for a year

• By purchasing less than 1,000 dollars

What is the current tax rate on foreign card purchases and tourism?

• 15%

• 20%

• 35%

• 50%

What event triggered the announcement of changes in Argentina's currency market?

• A rise in global oil prices

• A significant devaluation of the Argentine peso

• An increase in foreign investments

• A change in government leadership