Argentina imposes more restrictions on U.S. dollars

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“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/

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