Argentina central bank orders payment processors facilitate dollar-denominated payments
ReutersJan 16, 2025 7:29 PM
BUENOS AIRES, Jan 16 (Reuters) - Argentina's central bank on Thursday passed regulations to promote currency competition, the monetary authority said, including allowing dollar-denominated commercial payments in the local market.
Payment processors have until Feb. 28 to roll out tools to streamline commercial payments in dollars, the central bank said in a statement.
(Reporting by Walter Bianchi; Editing by Sarah Morland)
((Kylie.Madry@thomsonreuters.com;))
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