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
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
- COLOMBIA: Capturing The Beauty In Beauty Contests.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- PUERTO RICO: The Enigma of Tourism.
- BRASIL:1ST UPDATE: Ramalho Refuses Job Offer; Menezes Named National Coach.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- VENEZUELA: Chavez Will Nationalize 11 U.S. Drilling Rigs.
