| Publication |
2014.
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| Summary/Abstract |
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.
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