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ARS Cambios, a financial firm linked to the president of the Argentine Football Association, Claudio Tapia, has been fined over $18 billion by the Central Bank of Argentina for conducting more than $25 million in transactions without properly justifying the origin or destination of the funds, leading to its operational ban and disqualification of its owner, Ariel Vallejo, and his mother from the financial sector for five and six years, respectively. #FinancialRegulation #MoneyLaundering #ArgentinaEconomy #AR #BCRA

Despite decreased demand following the elections, Argentinians continue to buy dollars at record levels, surpassing $33 billion in gross purchases since the partial easing of currency restrictions in April 2025, reflecting a sustained trend towards dollarization in the private sector. #CurrencyMarket #ArgentinaEconomy #DollarDemand