RIO DE JANEIRO, BRAZIL - The goal is to prevent the flight of dollars and preserve the country's reserves, which have been reduced by approximately US$23 billion since August this year when the primary elections were held.
On Thursday, October 31st, the country's Central Bank's reserves closed at US$43 billion.
The limit also applies to gambling and betting operations, transfers to payment service funds (PayPal, for instance), transfers to foreign investment accounts, the purchase of cryptocurrencies and foreign exchange operations.
Despite the limit of US$50 per withdrawal on credit cards abroad, the Central Bank has . . .