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 new insight or understanding did you gain from this video?