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
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- MEXICO: Telenovela Star's Assistant Charged With 4 Counts Of Attempted Murder.
- BRASIL : Rio Drug Lord 'Nem' Captured.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- MEXICO: 2ND Update: 20 Tourists Kidnapped Near Acapulco Had NO Criminal Records.
- GERMANY/ EUROZONE: Negative Media Feeds Backlash Vs Euro.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / MOLDOVA / UK : 30 March UPDATE: Gunned Down Exile Banker Gorbuntsov...In Critical Condition In London.