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World 17 Sep 2020 | 6:53 AM

1st LD Writethru: Argentina imposes 35 pct tax on foreign currency purchases to stave off hoarding

BUENOS AIRES, Sept. 16 (Xinhua) -- Argentina on Wednesday unveiled a new 35 percent tax on foreign currency purchases to prevent the public from hoarding U.S. dollars in the face of a weak peso.

World 17 Sep 2020 | 5:03 AM

Argentina imposes 35 pct tax on foreign currency purchases to stave off hoarding

BUENOS AIRES, Sept. 16 (Xinhua) -- Argentina on Wednesday unveiled a new 35 percent tax on foreign currency purchases to prevent the public from hoarding U.S. dollars in the face of a weak peso.