16 May 2012

ARGENTINA : 19 May UPDATE: US Dollar Demand Leaves B.Aires...Playing The Black And Blue Markets.


     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.