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Argentina cenbank eases access to FX market for non-residents to attract investment

BY Reuters | ECONOMIC | 04/15/25 06:41 PM EDT

BUENOS AIRES, April 15 (Reuters) - Argentina's central bank (BCRA) announced on Tuesday it has eased access to the foreign exchange market for non-residents in an effort to boost investment.

This comes on the heels of a liberalization of currency controls in Argentina.

The latest move by the monetary authority will "create a more favorable regulatory environment for attracting and channeling a greater volume of investment into the domestic capital market," the bank said in a statement.

According to the bank, the investments will need to remain in Argentina for a minimum of 6 months.

The central bank also said that it had issued "BOPREAL" bonds for up to $3.0 billion with a three-year maturity.

The new bonds will be denominated in dollars and may be subscribed in pesos to meet liabilities, and the funds will be used to pay commercial debt prior to December 2023, dividends and commercial and financial debt services. (Reporting by Walter Bianchi; Editing by Natalia Siniawski and Anthony Esposito)

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