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Those who have subsidies will no longer be able to buy the savings dollar

Ajeet Nandwal by Ajeet Nandwal
August 26, 2022
Reading Time: 2 mins read
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The Ministry of Economy and the board of directors of the Central Bank decided to exclude from those authorized to buy dollar savings those who receive subsidies for electricity, gas or water. The measure aims to strengthen the foreign exchange reserves of the mother entity of the financial system.

The shortage of dollars is the main concern of the team led by Sergio Massa. That is why he agreed with Miguel Pesce that the Central Bank prevent access to cheap currency to those who benefit from lower rates. It is for the few who can still access the 200 per month of the stocks imposed by the retreating government of Mauricio Macri on the night he lost the elections with the Frente de Todos.

For now, the technical teams of the Central Bank and the Ministry of Energy are working to implement the measure. An agreement will be signed to cross databases and that they arrive at the home banking or at the windows of the exchange houses.

Meanwhile, the option to unsubscribe from the subsidy form is now available.

The savings dollar is around $240 against around $290 for the blue. The savings is $1,400 per month. Those who renounce subsidies, have not had pandemic assistance (salaries by ATP or IFE) or are beneficiaries of Anses allocations can continue to buy the 200 per month, although if they have services abroad the quota is even lower.

The MEP dollar has no limits and is around 287 pesos. You can buy it in banks or through some financial apps very easily.

Those who wish to access the purchase of the savings dollar and are not within the group affected by the new conditions of the stocks, will be able to verify the authorization through the Negative Certification of Anses, a voucher that is valid for 30 days, in which It is recorded that you do not register benefits.

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Ajeet Nandwal

Ajeet Nandwal

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