| ID | 133459 |
| Title Proper | Argentina |
| Other Title Information | driven black |
| Language | ENG |
| Author | Hoffman, Meredith |
| Publication | 2014. |
| Summary / Abstract (Note) | When the peso hit rock bottom in January, Ande Wanderer rang up her money dealer-a former official in Argentina's national government. She'd sold off her stocks, cashed in her American savings, and wired him the money. Now she rushed to his office, a ninth floor room in downtown Buenos Aires. The official exchange rate was 8 pesos to the dollar. But her dealer gave her 11-the black market rate at the time-and kept a small fee for himself. That meant she got some 40 percent more pesos for her U.S. money. |
| `In' analytical Note | World Policy Journal Vol.31, No.2; Sum.2014: p.22-30 |
| Journal Source | World Policy Journal Vol.31, No.2; Sum.2014: p.22-30 |
| Key Words | Argentina ; Money Dealer ; Argentine's Economy ; Government Policy ; Economic Policy ; International Currencies ; Money Influence ; Money Laundering ; United States - US |