May-25-2024
Argentina – Change in the currency and gold import-export regulations.
The text of recent publications about currency import and export seem to indicate that now gold must also be included...
Exchange Control
-
-
Oct-7-2023
Iraq: Cash withdrawals and transactions in U.S. dollars to be banned in 2024.
The Central Bank of Iraq has banned, effective 1 January 2024, the withdrawal of cash U.S. dollars from dollar denominated...
-
Apr-13-2023
Bolivia – Scarcity of U.S. dollars creates “informal” market.
In recent weeks it has became very difficult to buy U.S. dollars at the official rate in “casas de cambio”...
-
Sep-13-2022
The Philippines – Customs Currency Declaration must be done online.
Travelers arriving to or leaving The Philippines must now file their Electronic Baggage and Currency Declaration online at ideclare.customs.gov.ph before arriving...
-
Sep-1-2022
South Africa – Import and redemption of obsolete banknotes restricted.
Up to a few months ago South African Customs authorities were not strict in enforcing the rules that limit the...
-
Aug-3-2022
Cuba – Central Bank sets new exchange rate at CUP 120 per USD.
As of tomorrow 4 August 2022 Banco Central de Cuba will set the buying rate for U.S. dollars at 120...
-
May-11-2022
European Union – Gold coins and bullion to be declared as cash.
As of 3 June 2021 any person entering or leaving the European Union with 10,000 euros or more must include...
-
Mar-16-2022
Russia – Currency import/export and exchange restrictions.
The export of amounts of or over USD10,000 or its equivalent is forbidden, even if it can be shown that...