The ratings reflect the government's decision to impose restrictions on deposit withdrawals, announcing that those limitations would be effective until the finalization of the second phase of the sovereign debt exchange—estimated in 90 days. From now on, each depositor can only withdraw a maximum of $250 per week (up to $1000 per month) in cash, though the funds deposited can be used as a means of payment—electronic transfers, credit and debit cards, and checks—thereby deepening the noncash payment system and encouraging massive account openings. Cross-border transfers through banks are restricted to foreign trade transactions and credit card international clearing. The payment of financial obligations requires previous consent from the Central Bank. Another set of measures takes one more step in
