The courts refused to stop the collection of a fine by the Central Bank of Argentina (BCRA) in a case involving dollars that allegedly ended up in the parallel market.

The Argentine judiciary has denied a request to halt the collection of a fine imposed by the Central Bank of the Argentine Republic (BCRA). The sanction stems from an investigation into financial operations totaling USD 1.6 million conducted over a four-day period.

The Central Bank alleged that the foreign currency involved in these transactions was ultimately diverted to the parallel market. By rejecting the appeal, the court has allowed the regulatory enforcement action to proceed regarding these unauthorized currency movements.