Business Insider

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.

“How much?”

“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.

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