Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
  • URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
  • CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
  • MEXICO : Soldiers Rescue 77 Kidnapped Migrants In Reynosa.
  • ROMANIA / SERBIA / KOSOVO/ EU: 2 March UPDATE: Romania Joins Ministers Backing Belgrade's Candidacy.
  • MONDAY MORNING MUSIC: Desde Argentina: "Lucio El Anarquista" By Guti.
  • CROATIA : Nationalists Clash With Police...On EU Vote Eve.
  • USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
  • MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
  • BOLIVIA / SPAIN : Morales Nationalizes 3 Main Airports.

10 January 2011

ARGENTINA: Central Bank Incompetence And Inflation-Denial Spark Peso Shortage.

WSJ/ Matt Moffett /

   Central Bank President Mercedes Marco del Pont is under attack for being unprepared for the huge seasonal demand for cash, as severe shortages occur at many ATMs.
   Pissed off citizens also say President Kirchner has blatantly ignored an unofficial 25 % annual inflation rate and only added to the shortage problems by refusing to print notes larger than 100 pesos.               
    Currently, 4 pesos equals about $1 USD.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Newer Post Older Post Home