AP News

News Summary: Currency controls trap Argentines


CURRENCY TRAP: Argentines are increasingly feeling trapped inside their country as the government restricts access to the foreign cash they need to travel.

PESO BOLSTERING: Legally trading pesos for dollars or euros has become ever more difficult as President Cristina Fernandez tries to keep dollars inside the country and bolster the Argentine peso's sliding value.

NOW EVEN PLASTIC: New rules taking effect this week are squeezing them still further by going after credit card spending.


Hollywood Goes YouTube
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus