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Argentina - Government lifts ban on buying US dollars

The government has announced that citizens will once again be permitted to buy US dollars, following a two-year ban on their purchase. Citizens and small businesses will be permitted to buy up to USD 2,000 per month, if their salary is over USD 900 per month. The government is easing restrictions after the peso dropped 12 percent in one day on 23 January. During the two-year ban, dollars were only available on the black market, adding to already high inflation.



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Seven Corners is one of the industry's most experienced travel health insurance providers. The company serves leisure, student, business, government and missionary/volunteer travelers. It offers an extensive selection of international medical and travel insurance policies to U.S. citizens traveling overseas, or foreign nationals visiting the United States. Seven Corners has thousands of policy holders and a worldwide network of over 30,000 agents. The company created and maintains the industry's most comprehensive network of international health care providers that includes thousands of doctors, pharmacies and hospitals around the globe. Seven Corners is a member of the United States Travel Insurance Association; is GSA certified and is currently pursuing a SAS 70 Type II compliant designation. In addition to travel medical insurance, Seven Corners also offers health care administration to the government sector. The company is privately held and headquartered just north of Indianapolis in Carmel, IN.