From morning until further notice, you can only buy dollars (if so authorized AFIP) showed up at a counter or window of a bank or exchange office. That is, the possibility will be closed by automatic means it either ATM, Internet or what is known as telephone banking.
These pathways of foreign exchange earning coming leadership in recent years to the point that today it is estimated that funneled more than 20% of foreign exchange by individuals, according to industry estimates.
But now the opportunity to buy foreign currency for this type of channel is “temporarily” blocked “until he is needed the technical adequacy of the systems,” acknowledged yesterday in a statement the Association of Banks of Argentina (ABA), the camera brings together the private equity business in the foreign country.
Since the Government insisted yesterday that the possibility of exchange business channel is rehabilitated in “some time in the same Monday.” “From Friday night [for yesterday] are working technicians AFIP, ATM networks and banks to try to be ready tomorrow, although it is difficult to reach,” he admitted.
But from the other sectors involved were much more skeptical. “Historically, whenever a change is made such we are called to a meeting and pre-test systems. This time, we learned all the same Friday and do not give the time to readjust the system under the new guidelines” entrusted to a banker for whom the rush to implement the measures “speaks clearly of concern that the Government went on to have a situation which minimized by incompetence.”
“Do not come to readjust the systems for tomorrow. And I dare not give a date of resumption,” admitted a technician working for ATM networks under strict off because “the company asked us not to talk about” .
The disappearance of this channel operations, and the fact that measures have been because the instrument for a weekend does nothing to enhance the feeling of a very complicated earlier this week to exchange transactions in the country.
“In fact, on Monday [for tomorrow] is going to look a lot like a exchange holidays, but will not admit. Most operations will be locked because it was all done in a hurry …”, said before last to the Nation significantly upset a banker.
From the AFIP and the Central Bank (BCRA) attempted yesterday to refute this idea. “Every bank branch or exchange will be a person of the AFIP to assist the staff of the entities so that they can carry out operations as normal,” said spokesmen for both agencies.
“We will spend about 4000 agents to the task” they said. However, in the country operate almost 4200 branches and other financial institutions nearly 300 points of service exchange which relativizes the idea that agents of the AFIP adequately prepared to counsel can help speed at each location which, in reality, the Government seeks to lock.
Yesterday from ABA recognized that the technical teams of the 24 entities that are referenced in the House “working all weekend to implement from next Monday Consultation Program for Foreign Exchange established by Resolution 3210/11 AFIP” . From Adeba, which brings together the national capital banks and Abappra, which brings together public and cooperative, there were no pronouncements.
Although since the Government made clear yesterday that “all Argentines who want to buy dollars may continue to do” as insisted Boudou night before overtaking measures, analysts warn that the apparent improvisation and haste with which action was taken will not ultimately accentuated the demand for dollars. “In the popular imagination, to announce economic measures during a weekend equals crisis. If anyone here was not frightened by this, now managed to scare him,” one analyst interpreted.
A HOT WEEK
MONDAY 24 OCTOBER
themselves at the ballot box in the windows, no
Although the elections meant a boost for the government, doubts about the future of the economy meant that the demand for dollars remained as high as in previous days.
TUESDAY OCTOBER 25
inspectors and police patrols
Intensify and expand the operations, but the Central Bank continues to sell dollars. The price on the boards began to be fictitious sales cuotifican agencies and banks sell the dollar more expensive.
WEDNESDAY 26 OCTOBER
Bring U.S. dollars
By decree obliges mining and oil companies to settle all currencies of its exports in the country.
THURSDAY 26 OCTOBER
More requirements to purchase more than 250,000 a year. It requires non-residents to enter the currency used to purchase goods or property.
FRIDAY OCTOBER 29,
AFIP, on stage
It provides that the agency will from tomorrow the final word on every transaction. .