The Central Bank today published the regulation amending the Exchange Regulations, approved by the Monetary Board, through the First Resolution dated September 11, 2025, which will establish the rules, policies and procedures governing foreign exchange operations in the exchange market in the national territory.
This regulation will imply that all foreign exchange purchase and sale operations exceeding US$10,000.00 and EUR$10,000.0 must be reported to the Central Bank through the electronic foreign exchange trading platform.
It will also allow the incorporation of a greater number of participants in the Central Bank’s electronic foreign exchange trading platform, including currency intermediaries and other financial intermediation entities.
The Monetary Board ordered the Central Bank to sanction and suspend the foreign exchange operations of authorized participants through the electronic foreign exchange trading platform, who engage in practices contrary to current regulations, in particular those related to exchange rate margins, as well as any other breach of good conduct standards that affect the orderly functioning of the foreign exchange market or provisions related to the reporting of information through this system.
This is in order to contribute to the proper functioning of the market, in an environment of competitiveness and efficiency, to preserve the stability of prices and the balance of payments of the country.
