ARGENTINA : 02 June UPDATE: No "Explosive" Devaluation Claims Top Finance Official; Pol Apologizes After Outburst Over His $Usds.

http://www.google.com/hostednews/ap/article/ALeqM5hdvUM5xOGajtzSIhmfszDHpVEoYg?docId=b2d599d406f747efb5ba8150b9a7ae41


      Even as Argentines continue to squirrel away usds...as the peso's official value plummets...with signs of growing black market activity...influential Deputy Econ Minister Axel Kicillof denied a devaluation was in the offing.
     "We are not going to take any explosive measures," he announced.
      25% annual inflation and slowing trade are pressuring the peso's value.
      Kicillof blamed opposition media for heating-up national panic over the weakening currency.

    Link UPDATED!!!: Influential Senator Anibel Fernandez...a staunch President Cristina Fernandez and peso defender...admitted he kept 31% his fortune in $usd. 
      He even lost his temper defending his dollar holdings...claiming it was 'none of your business.'
       Fernandez later apologized after Cristina publicly scolded him for his behavior.
http://en.mercopress.com/2012/06/02/argentine-senator-admits-having-lost-his-temper-regarding-his-savings-in-dollars-i-regret-it