Argentina credit card dollar tops $2000 as income tax withholding persists

Argentina's government removed the PAIS tax and lifted FX restrictions for savers, but a 30% income tax withholding on foreign credit card expenses remains, pushing the effective 'credit card dollar' above 2000 pesos per USD. This reflects incomplete FX liberalization, with the gap between official and parallel rates persisting. The development signals continued currency market distortions and inflationary pressure.

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