News of greenbacks

Argentines are finding it almost impossible to purchase dollars

21-09-2020 19:28 Savers are finding it impossible to buy dollars through official channels as banks struggle to adjust to rule changes that tightened restrictions.

Bloomberg

Pesce, Guzmán split over curbs on dollar purchases

17-09-2020 16:19 Argentina's economic team split on latest crackdown, as well as how long new rules should remain in place.

Currency controls

Fernández hints at changes to US$200 greenback purchase quota

16-08-2020 08:01 Peronist leader says Argentina is facing high demand "from small savers," with knock-on effect for country reserves. Central Bank officials, however, say no changes are planned.

Bloomberg

Greenback dealers on motorbikes deliver a cash lifeline in Argentina

28-04-2020 23:41 After decades of defaults, currency crises, high inflation and volatile politics, men yelling “exchange! exchange!” in downtown Buenos Aires became part of the city’s fabric. Amid the coronavirus pandemic, though, no-one is selling on the streets. Instead they’re delivering to customers’ homes.

PESOS v DOLLARS

Dollars under the mattress: Argentina's preferred way of saving

01-03-2020 20:15 Hit it by decades of inflation, recessions and cyclical devaluations, many Argentines prefer to take refuge in the dollar as a way of saving and hide their money "under the mattress."