
“As the government restricts access to foreign currencies, Argentines seeking hard-to-get dollars have been pushed into cuevas, or caves—clandestine operations where customers pay dearly to exchange pesos for greenbacks. Buying dollars for savings is banned, and authorities make only small amounts of foreign currency available for travel abroad. Travelers must submit an online request to the national tax authority just days before leaving. Businesses need government approval to import equipment and materials at the cheap official exchange rate. Dollar-sniffing dogs are posted at border crossings to catch those traveling with undeclared currency.”
http://online.wsj.com/article/SB10001424127887324010704578418662965631052.html
Related posts:
Sapulpa man, cleared by DNA evidence, plans to sue for wrongful arrest
Hillary Clinton’s Lucrative Goldman Sachs Speaking Gigs
Zimbabwe army takes control but denies coup
Syria Resolution Intentionally Vague, Obama Can Put Boots On The Ground
Chinese spacecraft completes space-docking mission
Police get the tools they want; Britain loses the liberties it holds dear
Investors hungry for riskier bonds
China Seen by Bloomberg Industries Boosting Bank Gold Reserves
United Nations report: ‘Designer drug’ use, abuse and production surging
What it costs to raise a royal baby
High frequency trader fined more than $3m by regulators
Norway Ready to Use Rate Cuts to Weaken Krone, Central Bank Says
The Southern Poverty Law Center Scam
PBS: It's No Bubble - Why We Should All Give Bitcoin a Chance
260,000 Austrians sign EU exit petition, forcing referendum debate