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Argentina Unlocks Dollar Loans for Businesses | Argentina News
Argentina just dropped a major financial barrier: companies can now get dollar loans without needing to earn foreign income or have a dollar-earning guarantor. The Central Bank’s new rules cap these loans at 15% of banks’ foreign deposits, enforce stricter capital rules, and require risk assessments for currency swings — all to keep the system stable while boosting credit. Targeted only at businesses (not individuals) to avoid legal and currency risks, this move could unlock $5.2 billion in lending power. Loans must still be converted via official exchange rates to prevent inflationary loops…
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