Regulatory Alerts2025-11-28 | A 8357BCRA Circular LISOL 1-1122: Net Foreign Currency Position Update.
The Central Bank of the Argentine Republic (BCRA) issued Communication “A” 8357 to update Circular LISOL 1-1122 regarding the Net Foreign Currency Position for financial entities. The directive establishes updated daily limits, capping negative positions at 30% and positive positions at 5% of the previous month's RPC, while defining specific exclusions for spot positions and derivative instruments. It further mandates a charge of three times the Argentine Wholesale Rate (TAMAR) for excesses, with corresponding sanctions and transitional provisions effective December 1, 2025.
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