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
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- Profile of a Cuban Spy
- VENEZUELA: Higher Oil Prices Fuel Q1 Growth To 4.5%...Best Since 2008.
- BRASIL: Business Still Stuck In Red Tape With The Old Bureaucracy.
- CUBA: Food Processing Limitations Cause Waste.
