http://www.reuters.com/article/2012/05/16/us-argentina-economy-dollars-idUSBRE84F17W20120516
Call it dollar lust.
President Kirchner's stringent regulations on currencies...especially the USD...have spurred illegal money trading...and sent Argentina's unique 'blue-chip rate' for USA currency soaring...to 5.81 per usd.
Businesses must scramble to find ways around Cristina's capital controls...and complex regulations...because the dollars are often needed for transactions.
NEW!!! Citizens play the black market..in BA alleys.
http://www.google.com/hostednews/ap/article/ALeqM5h03nnWO1RfVc5NbvgOuYSu6KtO9g?docId=79e30664dee84d4fa901f37033d2bf92
Popular Posts
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.