Thursday, September 27, 2012
By William McAllister
Cristina Kirchner's tightening of the rules on currency exchange has backfired horribly, says Buenos Aires resident William McAllister.
The scene is a Buenos Aires city-centre side-street. I stand pretending to look in a shop window until I catch the eye of a man loitering in a doorway. He acknowledges me with a wink and I sidle over. We talk without moving our lips.
“Six thirty five.”
“Deal. Give me five hundred.” With shifty glances over the shoulder, I complete the transaction and scurry away. Another day, another hit.
For full text of this article, visit http://www.businessinsider.com/argentinas-currency-rules-backfire-2012-9