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Guatemalan banks ordered to restrict sales of dollars to $3,000 a month

Wednesday, December 22, 2010

A limit on $3,000 in foreign-currency transaction is to be imposed in Guatemala on January 1.

Banks have asked customers to sign a legally-binding accord that they will not use dollars for illicit purposes.

Exceptions to the restriction include diplomatic representations and senior officials with international organizations that are accredited in the country.

Original source (in Spanish): El Periódico