“Argentina has imposed another restriction on the sale of US dollars, barring travelers from purchasing them unless the dollar is the currency of their destination, the government said Monday. Argentine authorities have been pressing ahead with their policy of tightening currency controls to try to stem capital flight and protect foreign exchange reserves. The fight against the dollarization of the economy led to severe restrictions for banks, companies and small savers seeking to cope with inflation, which stands at 25 percent, according to independent analysts. The government says inflation is just 10 percent.”
http://www.rawstory.com/rs/2012/08/07/argentina-imposes-more-restrictions-on-u-s-dollars/
(Visited 88 times, 1 visits today)
Related posts:
Vatican Goes ‘Cash Only’ Because of Lack of Money-Laundering Controls
Why might you be denied entry to the US?
Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin
Lucerne orchestra axes concert with Depardieu over tax shopping
Bitcoin poker wins online after U.S. shuts cash sites
Poll: Three-fourths of US says pot will be legal
Canada says will keep closer track of Bitcoin, virtual currencies
Euro Zone Grants Multibillion Euro Lifeline for Greece
Western powers to offer easing gold sanctions at Iran nuclear talks
Japan should let elderly ‘hurry up and die’: finance minister Taro Aso
A.T.F. Spent Millions Unchecked From Cigarette Smuggling Slush Fund
Dental Abuse Seen Driven by Private Equity Investments [2012]
New Zealand signals readiness to join currency wars
Phishers Divert Home Loan Earnest Money By Altering E-mails
Parking Tickets Issued on Wrecks while Stockholm Burns