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Central Bank: export prepayment is no longer time-frame


Through circulate the Central Bank (BC) promoted change in the Regulation of Foreign Exchange Market and International Capital (RMCCI). The monetary authority ended with the deadline for the execution of pre-export finance. In December last year, the Fed had extended the deadline of one year to five years.

The measure facilitates the inflow of dollars into the country by the exporters. The PA is called a form of exporters anticipate the capabilities of their business with the outside.

In June, the operations prepayment amounted to U.S. $ 3.839 billion, a sharp decline compared with $ 15.341 billion recorded in May. These operations are part of the trading account forex trading flow determined by BC, which closed in June at $ 16.452 billion.

 
 
 
 

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